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You are the manager of a local distributor, and your vendor has just increased your price from $1.20/unit to $1.65/unit. However, the price that you

You are the manager of a local distributor, and your vendor has just increased your price from $1.20/unit to $1.65/unit. However, the price that you can charge your client is locked in via contract at $2.05/unit. What has happened to the margin?

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