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Discuss the fundamental factors that determine the level of competition and long-term profitability of an industry according to Porter's Five Forces Model.
Carboxylic Acid
Organic acids characterized by the presence of a carboxyl group (-COOH), found in various biological and industrial chemicals.
pKa
A measure of the acidity of a hydrogen atom in a molecule, indicating the strength of an acid in solution.
Increasing Acidity
A condition or process where the concentration of hydrogen ions in a solution increases, often affecting the substance's pH.
Weak Acids
Acids that only partially dissociate in solution, resulting in a weak conductivity and not completely donating their hydrogen ions.
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