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Comparative advantage is the key difference that one product will have over its competitors. This can be product differentiation in terms of quality/application/use or strategy in terms marketing/sales etc.

Basically, it shows the reasons why one product is better or perceived to be better than all others in the same category.

2006-06-26 02:50:05 · answer #1 · answered by boston857 5 · 0 0

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