Multiple Choice
-Refer to the graph above to answer this question.All of the following statements,except one,are correct.Which is the exception?
A) Firms that produce an output less than Q1 are too small.
B) Firms that produce an output which greater than Q2 are too large.
C) Firms that produce output Q2 are achieving MES.
D) Firms that produce an output which is between Q1 and Q2 are neither too large nor too small.
E) Firms that produce an output which is less than Q1 cannot be achieving economic capacity.
Correct Answer:

Verified
Correct Answer:
Verified
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