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Figure 11-5
-Refer to Figure 11-5. Long-run equilibrium positions occur at points
Inseparability
A characteristic of services indicating that they are produced and consumed at the same time, making the quality of service delivery directly linked to the service provider.
Co-Create
A collaborative process where consumers and companies work together to design, build, or develop new products or services.
Service Provider
An individual or company that offers specialized services to consumers or businesses in a specific area, such as telecommunications, education, or healthcare.
Inconsistency
The lack of steadiness and uniformity in actions, values, or outcomes, leading to unpredictability or variability.
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