For a firm to maximize its profitability, it is necessary that it

For a firm to maximize its profitability, it is necessary that it



A. creates products similar to the products of its competitors.


B. does not configure its internal operations to reduce costs.


C. minimizes the value of the consumer surplus.


D. picks a position on the efficiency frontier that is viable.


E. strips all the value out of its product offering.



Answer: D. picks a position on the efficiency frontier that is viable


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