A firm’s competitive advantage over its competitor is best described by the

A

Difference between buyers’ willingness to pay (WTP) and suppliers’ willingness to sell (WTS) is greater than the competitor’s difference between the WTP and WTS.
B

Combined valuation of businesses more than the individual sum of businesses.
C

Winner businesses win more than the loser’s lose
D

Superiority of the corporate strategy over its business strategy.