Both Viten Electronics Inc.and JL Electronics Inc.incur a cost of $400 to manufacture an LED television.However, the economic value created by JL Electronics is more than that created by Viten Electronics.What does this indicate?
A) Viten Electronics has a competitive advantage over JL Electronics.
B) Both Viten Electronics and JL Electronics have achieved competitive parity.
C) JL Electronics can charge a premium price on its televisions.
D) Viten Electronics has created a higher value gap than JL Electronics.
Correct Answer:
Verified
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