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As you know, the pandemic caused a major downturn in business activity. This was followed by a sudden rebound for businesses that survived, mostly attributable

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As you know, the pandemic caused a major downturn in business activity. This was followed by a sudden rebound for businesses that survived, mostly attributable to pent up demand by customers. Explain how company profitability during these times would be affected by the general nature and type of company costs

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