Which of the following firms produce at the efficient scale?
a. toyota produces 20 cars a da...
Which of the following firms produce at the efficient scale?
a. toyota produces 20 cars a day at its texas plant at which its profit is maximized.
b. a gap outlet in chicago sells 500 jackets a day and lowers its average variable cost.
c. dell produces 100 computers a week at which its average total cost is minimized.
d. starbucks' makes 1000 chai lattes each day at which is total revenue is maximized.
Answers: 2
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