The combination of buyer power, supplier power, the availability of substitutes, and the threat of new entry contribute to the:

The combination of buyer power, supplier power, the availability of substitutes, and the threat of new entry contribute to the:



a) The determination of management compensation

b) The performance of individual firms in a given industry

c) The average profitability of firms in an industry

d) The duration of the Waving Hand Equilibrium.






Answer: C


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