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It creates a feeling of sportsmanship and goodwill, preventing ill feelings

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Q: What is the advantage of having a good relationship with your competitors?
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Define opportunity cost and explain its relationship to comparative advantage?

Opportunity costs is the highest valued alternative that must be given up to engage in an activity. Comparative advantage is the ability of an individual, a firm, or an country to produce a good or service at a lower opportunity cost than competitors.


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Producing a good service means having a good-customer relationship with your customer/client.


Are advantages good?

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