Question
Jules Goddard propose[s] the following maxim: the degree of differentiation of a company's market offering cannot exceed the degree of its internal differentiation. Explain what
Jules Goddard "propose[s] the following maxim: the degree of differentiation of a company's market offering cannot exceed the degree of its internal differentiation." Explain what he means and craft an argument explaining why his explanation embodies the economic meaning of comparative advantage.
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Macroeconomics A European Perspective
Authors: Olivier Blanchard, Alessia Amighini, Francesco Giavazzi
4th Edition
1292360895, 9781292360898
