15 What is a valid insight from the concept of the effectiveness frontier? a. Firms...
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15 What is a valid insight from the concept of the effectiveness frontier?
a. Firms with high value gaps are often far away from the frontier.
b. Firms play no role in shifting the frontier outwards.
c. Firms often find it hard to ensure high quality and low costs simultaneously.
d. Firms usually do not try to move from extreme positions to the middle of the frontier.
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