There are four hotels competing with otherwise very similar products on the dimensions of price ($ per night) and amenities (measured by the number of *s awarded by customer reviews).

Which of these hotels are on the efficient frontier?

Hotel A: price = $200 per night; rating: ***

Hotel B: price = $150 per night; rating: ****

Hotel C: price = $300 per night; rating *****

Hotel D: price = $80 per night; rating **

General model Problem 1 Hoteh C B \& D are on efficient frontier Hotel A is pareto donntrated by hosel B