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    Exam 11: The Cost of Doing Business
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    (Figure: Long-Run and Short-Run Average Total Cost Curves) in the Figure
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(Figure: Long-Run and Short-Run Average Total Cost Curves) in the Figure

Question 95

Question 95

Multiple Choice

(Figure: Long-Run and Short-Run Average Total Cost Curves) In the figure, which level of output represents minimum efficient scale?
(Figure: Long-Run and Short-Run Average Total Cost Curves)  In the figure, which level of output represents minimum efficient scale?    A)  2000 B)  3000 C)  4000 D)  5000


A) 2000
B) 3000
C) 4000
D) 5000

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