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victus00 [196]
3 years ago
6

Both Bison Autos and Sparrow Inc. incur a cost of $9,000 to manufacture a vehicle. However, the economic value created by Sparro

w Inc. is more than that created by Bison Autos. What does this indicate?A) Bison Autos has created a higher value gap than Sparrow Inc.B) Sparrow Inc. can charge a premium price on its automobiles.C) Bison Autos has a competitive advantage over Sparrow Inc.D) Both Bison Autos and Sparrow Inc. have achieved competitive parity.
Business
1 answer:
Tcecarenko [31]3 years ago
3 0

Answer: B.Sparrow inc can charge a premium price on its Automobiles.

Explanation:

Sparrow inc can charge a premium price on its Automobiles.

Economic Value is simple the amount of money an economic agent is willing to pay for a good or a service. When both companies incur same amount of costs, for a company to create higher economic value the price must be higher (premium price) or consumers (economic agents) are willing and able to pay premium price for sparrow inc automobiles

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Answer:

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Explanation:

For February,

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Is this story: sole proprietorship, partnership, OR corporation?
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Beverage companies often use television commercials with images of young people laughing and enjoying themselves on a beach or i
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Answer:

B. Self concepts

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Just Choose an side.

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