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What is a valid insight from the concept of the effectiveness frontier? a. Firms play no role in shifting the frontier outwards. b. it is

What is a valid insight from the concept of the effectiveness frontier? a. Firms play no role in shifting the frontier outwards. b. it is often hard for firms to make high quality products at low costs. c. Firms with high value gaps are often far from reaching the frontier. d. Firms have no choice regarding the point they would like to occupy on the frontier

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