Competitors who get to market later must settle for lower prices because ________.
A) technology has changed
B) there are fewer resources available
C) there are more customers
D) prices have fallen

Question

Quizplus · Accepted Answer

When competitors enter the market later, prices are likely to have already fallen due to market competition, and they may have to settle for lower prices as a result.

Competitors Who Get to Market Later Must Settle for Lower