Being the first to sell a particular good can give a firm advantages over other firms that sell similar products.What is the name given to these advantages?
A)First-mover
B)First come, first served
C)Follow the leader
D)First to market

Question

Quizplus · Accepted Answer

First-mover advantages refer to the benefits a company gains by being the first to enter a new market or develop a new product or service.

Being the First to Sell a Particular Good Can Give