If TechnoGeek and VarsityBlue Compete in the Same Market for the Same

Multiple Choice

If TechnoGeek and VarsityBlue compete in the same market for the same customer and TechnoGeek generates $900 of economic value each time it sells a product or service while VarsityBlue generates $400 of economic value each time it sells a product or service, TechnoGeek has a(n) ________ of $500.

A) perceived benefit
B) economic value
C) cost advantage
D) competitive advantage