solved Q: What are the advantages and disadvantages of being a

Q: What
are the advantages and disadvantages of being a first mover in an
industry? Give some examples of first mover and late mover firms. Were
they successful?Note: After answering the main question read the attached comments of
your classmates and chose at least TWO comments and response.Avoid the usual replies like (great job, amazing work…. etc.) in your replies.Your reply better to be from economic perspectiveMention which comment number you choose.

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