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Company a Entered the Production of Office Software Before Its

Question 74

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Company A entered the production of office software before its competitors. Because of this, the company's products are more familiar among and favored by customers. This situation exemplifies the

Company A entered the production of office software before its competitors. Because of this, the company's products are more familiar among and favored by customers. This situation exemplifies the


A) first-mover advantage.
B) diminishing marginal returns.
C) economies of scale.
D) constant marginal returns.

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