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The Minimum Efficient Scale in the Figure Below Shows That

Question 328

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The minimum efficient scale in the figure below shows that The minimum efficient scale in the figure below shows that A) point A is the minimum efficient scale (MES) for the firm. B) point B is the minimum efficient scale (MES) for the firm. C) the long-run average cost curve (LAC) reaches a minimum point at B. D) the minimum efficient scale (MES) illustrates maximum average costs.


A) point A is the minimum efficient scale (MES) for the firm.
B) point B is the minimum efficient scale (MES) for the firm.
C) the long-run average cost curve (LAC) reaches a minimum point at B.
D) the minimum efficient scale (MES) illustrates maximum average costs.

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