Multiple Choice
The minimum efficient scale (MES) is the output level that delivers the ________.
A) highest possible revenues
B) lowest possible costs
C) highest possible net
D) lowest margin
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q176: According to Porter, what are the two
Q177: A successful strategy must be consistent with
Q178: A strategy in which elements of one
Q179: Possible threats to the low-cost strategic position
Q180: Greater scale discourages the use of more
Q182: As industries enter periods of rapid growth,
Q183: Economies of scale exist if average costs
Q184: Economies of scale exist if average costs
Q185: What are basic criteria that must be
Q186: When firms make decisions about the arenas