Both Viten Electronics Inc. and JL Electronics Inc. incur a cost of $400 to manufacture a LED television. However, the economic value created by JL Electronics is more than that created by Viten Electronics. What does this indicate? Viten Electronics has a competitive advantage over JL Electronics. Both Viten Electronics and JL Electronics have achieved competitive parity. OJL Electronics can charge a premium price on its televisions. O Viten Electronics has created a higher value gap than JL Electronics.

Both Viten Electronics Inc, and JL Electronics Inc. incur a cost of $400 to manufacture a LED television. However, the economic value created by J Electronics is more than that created by Viten Electronics. What does this indicate? Viten Electronics has a competitive advantage over JL Electronics. Both Viten Electronics and JL Electronics have achieved competitive parity. JL Electronics can charge a premium price on its televisions. Viten Electronics has created a higher value gap than JL Electronics