Question: At what point does a firm achieve the minimum efficient scale during the long run? Question 1 2 Answer a . When it operates at
At what point does a firm achieve the minimum efficient scale during the long run?
Question Answer
a
When it operates at the point of minimum marginal cost.
b
When it operates at the minimum achievable output level.
c
When it operates at the point of minimized average total cost.
d
When it operates at the maximum attainable output level.
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