Question: Which statements correctly describe the efficient frontier? (Choose every correct answer.) Multiple select question. It is always the goal of firms to achieve the highest

Which statements correctly describe the efficient frontier? (Choose every correct answer.) Multiple select question. It is always the goal of firms to achieve the highest customer utility and lowest unit cost. It may be impacted by variables other than customer utility and unit cost. It shows that what is good for the environment is good for the firm. It is traditionally drawn as a two-dimensional graph

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