A comparative advantage is any strategy or company action that reduces the competition that the company experiences.

Name: A comparative advantage is any strategy or company action that reduces the competition that the company experiences.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Comparative advantage refers to the ability of a country, company, or individual to produce a good or service at a lower opportunity cost than competitors, not to actions that reduce competition.

A Comparative Advantage Is Any Strategy or Company Action That