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Business, 09.02.2022 14:20 AdoNice

When the costs of supplies increase in an industry, the low-cost leader may:. a. continue competing with rivals on the basis of product features.
b. lose customers as a result of price increases.
c. make it difficult for new entrants to the industry to achieve above-average returns.
d. be the only firm able to pay the higher prices and continue to earn average or above- average returns.

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