Which of the following is a first-mover advantage for a technology innovator?

a. being able to charge a premium price
b. letting someone else work out all the bugs
c. having a ready-made customer base
d. being able to take advantage of complementary products
e. having an infrastructure ready to support the technology

a. Being able to charge a premium price

Explanation:

First mover advantage is when a firm is able to capitalize by introducing a new product in an untapped market. This means that the firm has no direct competitors and there are no substitute products that can take a share of market away from the company. These products usually command a price skimming strategy and are able to charge high premium prices, consider the example of folding smartphones as galaxy fold is priced at a high premium.

All the other options are advantages for moving second.

Hope that helps.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.