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Competitive in economics and the market means they can provide a good at a lower price than competitors. Either TSMC has no competitors, or they are beating the
by diceduckmonk 3y ago
Competitive in economics and the market means they can provide a good at a lower price than competitors. Either TSMC has no competitors, or they are beating them. If they don’t have competitors, it’s a sign other newcomers can’t compete, so they’re still competitive.
- re-thc 3y agoThat's like saying if everyone fails an exam and 1 student failed a bit less that they're great or that public transport in American is great because there's none in the Amazon Forest. IF we go at it that way everyone is competitive - just label the target market differently and claim to be on top / no competitors.