Why is there generally a first-mover advantage under, Strategic Management

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Why is there generally a first-mover advantage under

Why is there generally a first-mover advantage under sequential quantity competition (with one leader and one follower) and a second-mover advantage under sequential price competition? Explain by referring to the concepts of strategic complements and strategic substitutes.

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Strategic Management: Why is there generally a first-mover advantage under

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Strategic Management: Why is there generally a first-mover advantage under

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