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Smart Company sells coffee. Its competitor is Fine Company. Smart Company sells its coffee for $0.99 a cup; whereas, Fine Company sells its coffee for

Smart Company sells coffee. Its competitor is Fine Company. Smart Company sells its coffee for $0.99 a cup; whereas, Fine Company sells its coffee for $1.05 a cup. Which of the following is true about Smart Company? Smart Company is a better company than Fine Company. Smart Company does not need to compete with Fine Company because it sells its coffee for less. Smart Company makes less profit than Fine Company. Smart Company has a competitive advantage over Fine Company

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