While Aros Inc. incurs a cost of $20 for a pair of shoes, Shoes Cult Inc., its competitor, manufactures a pair of shoes at $22. Both the companies are able to sell their shoes for a maximum of $30 per pair. Which of the following statements is NOT true in this scenario?
A. Aros is a cost leader when compared to Shoes Cult.
B. Both Aros and Shoes Cult have achieved differentiation parity.
C. Aros has created a greater economic value than Shoes Cult.
D. Shoes Cult has a competitive advantage over Aros.
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Home » Business » While Aros Inc. incurs a cost of $20 for a pair of shoes, Shoes Cult Inc., its competitor, manufactures a pair of shoes at $22. Both the companies are able to sell their shoes for a maximum of $30 per pair.