Which of the Following Correctly Defines the Minimum Efficient Scale

Multiple Choice

Which of the following correctly defines the minimum efficient scale for a firm?

A) The output level at which the firm earns an abnormal profit
B) The minimum point of the firm's learning or experience curve
C) The lowest output at which minimum average cost can be achieved
D) The output level where average fixed cost is at its minimum point
E) The level of output produced when the firm is operating at full production capacity