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Question
Which of the following is true concerning an increase in market share that comes at the expense of established competitors?
a) It rarely creates much value for long, except when it results in pushing a competitor out of the market completely.
b) It generally creates value for a fairly long period, but it will decay after about 10 years.
c) It never creates any value over the long run because the effects are random across firms and net to zero for any given firm over time.
d) None of these.
Answer
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