The resource-based view of the firm suggests that the of the firm are due to its endowment of strategic resources that are valuable, rare, costly to imitate, and costly to substitute.

competitive advantages

Explanation:

The resource based view is focused on the resources used in the company to produced the products for the company through which it can take a competitive advantage over the competitors and create its own image, reputation, market share in the competitive market

The competitive advantage could be in terms of providing best quality products and services at reasonable prices, innovations in the company products, early delivery of products before the prescribed time, etc

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"