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Tidy Tidy
wrote...
Posts: 4852
9 years ago
Minimum efficient scale is defined as the level of output at which
A) all economies of scale are exhausted.
B) diminishing returns affect average total cost.
C) the firm's long-run average total cost starts falling.
D) the maximum output is produced.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 233 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
SmooothSmoooth
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Posts: 5500
9 years ago
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9 years ago
My pleasure Happy Dummy
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