Trisha is a third-grade student who wanted a new accessories to wear to school, but, like all of her friends, the only store she wanted to shop at was Limited Too. Even though stores carry similar products at lower prices, Trisha was willing to pay to have the Limited Too brand items. In this case, the Limited Too brand created a:

Question

Quizplus · Accepted Answer

The Limited Too brand created a differential advantage by offering products that Trisha and her friends perceive as more desirable, even at higher prices, compared to similar products from other stores. This perceived superiority or uniqueness in the brand's offerings is what defines a differential advantage.

Trisha Is a Third-Grade Student Who Wanted a New Accessories