The minimum efficient scale is
a. the plant size that yields the most profit.
b. the l...
Business, 14.08.2019 08:20, Weirddobby3964
The minimum efficient scale is
a. the plant size that yields the most profit.
b. the level of output where diminishing returns have not set in yet.
c. the smallest output level where the firm finally reaches productive efficiency.
d. the level of operation where long run average costs are lowest.
Answers: 3
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