Economy, asked by malayapandey90, 2 months ago

which is the first mover disadvantages​

Answers

Answered by Anonymous
4

Answer:

There are also some disadvantages to being a first mover, such as: First movers bear the economic burden of developing a new market that followers into the market can exploit. Followers into the market can learn from the mistakes of the first movers, allowing them to reduce their risk and avoid making costly mistakes.

Answered by speechlessmirror85
2

Answer:

There are also some disadvantages to being a first mover, such as: First movers bear the economic burden of developing a new market that followers into the market can exploit. Followers into the market can learn from the mistakes of the first movers, allowing them to reduce their risk and avoid making costly mistakes.

Explanation:

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