Question: Question Three Responsivene: High A * Supple Disruption Supply - Delays Po cuement Risk Price plactuation *B 0:0024767 Lou Low High Cost Cost-ResponsivonessEfticient frontier The

Question Three Responsivene: High A * Supple Disruption Supply - Delays Po cuement Risk Price plactuation *B 0:0024767 Lou Low High Cost Cost-ResponsivonessEfticient frontier The cost-responsiveness efficient frontier is the curve showing the lowest possible cost for a given level of responsiveness. (a) Can firm 'A' improve its responsiveness and its cost performance? Explain your answer by indicating how it can be improve or not

(b) Can firm 'B' improve its responsiveness and its cost performance? Explain your answer by indicating how it can be improve or not

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