While SMART Tech Inc. incurs $$350$ to manufacture a laptop, its competitor, Better Electronics Inc., incurs $$300.$ However, laptops of both the companies have been able to create the same value among customers. From the given scenario, it can be inferred that

Multiple Choice

SMART Tech is a cost leader when compared to Better Electronfery.

Better Electronics and SMART Tech share a differentlation parity.

Better Electronics can charge a higher price for its laptops.

SMART Tech has a competitive advantage over Better Electronics.