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Title: If the long-run average cost curve is U-shaped, the optimal scale of production from society's viewp Post by: Tidy on Jun 21, 2015 If the long-run average cost curve is U-shaped, the optimal scale of production from society's viewpoint is
A) the minimum efficient scale. B) where maximum economic profit is earned by producers. C) where firm profit is large enough to finance research and development. D) one which guarantees economic profit. Title: Re: If the long-run average cost curve is U-shaped, the optimal scale of production from society's v Post by: VincenzoD on Jul 25, 2015 Content hidden
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