64 778
Assignments Done
99,3%
Successfully Done
In September 2018

Answer to Question #56807 in Other Economics for George

Question #56807
what is Comparative advantage?
Expert's answer
Competitive advantage is a superiority gained by an organization when it can provide the same value as the competitors but at the lower price or can charge higher prices by providing greater value.
It is a favorable position, which organization seeks in order to be more profitable than its competitors.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions