The average cost of production for a bottle of mineral water in the industry is $5 while its average price is $8. Forever Spring Inc. manufactures the same product for $3 per bottle and sells it for $8 per bottle. Which of the following statements is most likely true of ForeverSpring Inc. in this scenario? Question 18 options: It has a competitive advantage in the industry. It has a competitive disadvantage in the industry. It has competitive parity with other firms in the industry. It has formed a strategic alliance with other firms in the industry