Question: In the value creation framework ( V - P - C ) , which statements are correct? Group of answer choices The gap between V

In the value creation framework (V-P-C), which statements are correct?
Group of answer choices
The gap between V and P is determined by competitive pressure
A firm creates value by converting inputs that cost C into products valued at V
The firm makes a profit when P exceeds C
P must always equal V for maximum profitability

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