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Minimum efficient scale is defined as the level of output at which the short-run average total cost

Tidy

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Minimum efficient scale is defined as the level of output at which the short-run average total cost

Minimum efficient scale is defined as the level of output at which the short-run average total cost stops decreasing.
True or false?

Textbook

Essentials of Economics

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

Read 220 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

Wink Face

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Smoooth

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You're welcome Happy Dummy

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