You are the manager and owner of E-Bulbs Inc.and you know that your factory experiences economies of scale.You want to quantify the extent of scale economies in the production of E-Bulbs Inc.,so you need to find

Question

Quizplus · Accepted Answer

Minimum efficient scale is the level of output at which a firm can produce at the lowest average cost, indicating the extent of economies of scale. Therefore, finding the minimum efficient scale would enable the manager to quantify the scale economies of the production of E-Bulbs Inc.

You Are the Manager and Owner of E-Bulbs Inc