Business
Business, 28.01.2020 19:44, Tirone

The average cost of production for a bottle of vitamin water in the industry is $4 while its average price is $7. storeall inc. manufactures the same product for $3 per bottle and sells it for $7 per bottle.
which of the following statements is most likely true of storeall inc. in this scenario?
a. it has a competitive advantage in the industry. b. it has a competitive disadvantage in the industry. c. it has competitive parity with other firms in the industry. d. it has formed a strategic alliance with other firms in the industry.

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