MES (minimum efficient scale) is the minimum size of a factory or a firm at which all the economies of scale are gained.

Name: MES (minimum efficient scale) is the minimum size of a factory or a firm at which all the economies of scale are gained.
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MES refers to the lowest point at which a company can produce its goods or services at a competitive cost. At this scale, the firm achieves all possible economies of scale, meaning it cannot lower its cost per unit by increasing production further.

MES (Minimum Efficient Scale) Is the Minimum Size of a Factory