Alligator enterprises has earned above-average returns since its founding five years ago. no other firm has challenged alligator in its particular market niche; therefore, the firm's owners can feel secure that alligator has established a competitive advantage. t/f

The correct answer is False.

Explanation:

A company has a competitive advantage when it has a unique and sustainable advantage over its competitors, and this advantage allows it to obtain better results and, therefore, to have a superior competitive position in the market.

In this case, it cannot be said that Alligator has a real competitive advantage, because at any time some other company can also get involved in its main niche, which would affect its performance exponentially.

idk the answer to this question

answer; normative economics;