Afirm that achieves superior performance relative to other firms in the same industry or the industry average has a
a. cost leadership position.
b. balanced scorecard.
c. core competency.
d. competitive advantage.

The correct answer is option D.

Explanation:

Competitive advantage refers to the situation when a firm can provide better value to their customers or provide the same product at a lower cost. In other words, the company is able to outperform its competitors.  

Economies of scale can arise because of several factors such as

Competitive advantage gives a firm the ability to produce more efficiently than its rival and thus the firm has greater profit than its rival.

answer; commerce clearing house;

answer; consideration;