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Which statement is true regarding acquired advantage? An acquired advantage cannot be purchased. Acquired advantage considers climate and natural resources. Acquired advantage is strongly dependent on...

Which statement is true regarding acquired advantage?

An acquired advantage cannot be purchased.

Acquired advantage considers climate and natural resources.

Acquired advantage is strongly dependent on labor force availability.

It occurs through products or process technology.

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Answer #1

An acquired advantage cannot be purchased

Acquired advantage or generally competitive advantage cannot be purchased instead it can achieved through various factors that differentiate them from their competitors and help them be unique.

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