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​From the Concept of an "Efficient Frontier," the Point on a Frontier

Question 32

Multiple Choice

​From the concept of an "efficient frontier," the point on a frontier that is optimal for all firms:


A) ​is the top point.
B) ​is the point closest to the vertical axis.
C) ​is the point halfway between the two end points.
D) ​cannot be determined since firms vary in their willingness to accept risk.

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