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miv72 [106K]
3 years ago
5

True or false?

Business
1 answer:
IRISSAK [1]3 years ago
8 0

Answer:

The statement is: True.

Explanation:

A competitive advantage is an advantage an individual, organization or country has over its competitors. That competitive advantage can be a comparative advantage when the entity has found a way to implement lower opportunity costs in its production process or a differential advantage if the firm provides a product or service with a unique feature difficult to replicate by competitors.

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