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Assume That the United States Can Make Computers Better Than

question 126

Essay

Assume that the United States can make computers better than any other country.Also assume that China can make rubber shoes better than any other country.Then in this example it may be said that the United States has a _______________ advantage in making computers and China has a ________________ advantage in making rubber shoes.Note: one term can be used in both blanks.


Definitions:

Carmex

A brand of topical lip balm produced to moisturize, heal, and protect dry or chapped lips.

Price Setting

The process of determining the selling price of a product or service, based on factors such as cost, demand, and competitive prices.

Loss-Leader Pricing

A pricing strategy where a product is sold at a loss to attract customers to profitable items.

Retailers

Businesses that sell goods or services directly to end consumers for personal or household use.

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