The minimum efficient scale in the figure below shows that
A) point A is the minimum efficient scale (ME
S) for the firm.
B) point B is the minimum efficient scale (ME
S) for the firm.
C) the long-run average cost curve (LA
C) reaches a minimum point at B.
D) the minimum efficient scale (ME
S) illustrates maximum average costs.

Question

The minimum efficient scale in the figure below shows that 
A) point A is the minimum efficient scale (ME
S) for the firm. 
B) point B is the minimum efficient scale (ME
S) for the firm. 
C) the long-run average cost curve (LA
C) reaches a minimum point at B. 
D) the minimum efficient scale (ME
S) illustrates maximum average costs.

Quizplus · Accepted Answer

The Answer of The minimum efficient scale in the figure below shows that 
A) point A is the minimum efficient scale (ME
S) for the firm. 
B) point B is the minimum efficient scale (ME
S) for the firm. 
C) the long-run average cost curve (LA
C) reaches a minimum point at B. 
D) the minimum efficient scale (ME
S) illustrates maximum average costs.

The Minimum Efficient Scale in the Figure Below Shows That