Which of the following is a source of a cost competitive advantage?

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Experience curves refer to the idea that the more a company produces a certain product or service, the more efficient they become at producing it. This leads to lower costs per unit and a cost competitive advantage over other companies that cannot produce at the same efficiency levels. Choice A (production reinvention) and D (breakeven analyses) do not necessarily provide a cost competitive advantage, while inefficient labor (Choice C) leads to higher costs rather than a competitive advantage.

Which of the Following Is a Source of a Cost