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Industry profitability is a function of a. The previous price that customers have paid for a product or service. b. The lowest price that customers

Industry profitability is a function of

a.

The previous price that customers have paid for a product or service.

b.

The lowest price that customers will pay for a product or service.

c.

The highest price that customers will pay for a product or service.

d.

The average price that customers pay for a product or service.

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