All competitive advantages have
a. a limited life.
b. an expiration date.
c. the ability to earn above-average returns indefinitely.
d. the ability to lead to more competitive advantages.
Answer: a limited life.
a. a limited life.
b. an expiration date.
c. the ability to earn above-average returns indefinitely.
d. the ability to lead to more competitive advantages.
Answer: a limited life.