Q. Which of the following theories explains the behaviour of late entrants to catch up with the competition? (Solved)
1. OLI theory
2. Transition Cost approach
3. The Leapfrogging theory
4. The perfect market Hypothesis
- c. The Leapfrogging theory
1. OLI theory
2. Transition Cost approach
3. The Leapfrogging theory
4. The perfect market Hypothesis