Use the following data to answer the question.The letters A,B,and C designate three successively larger plant sizes. $\begin{array}{c}
\begin{array}{ccc}
\text { Output } & & \text { ATC-A } \
\hline
10 & & \$ 6 \
20 & & 5 \
30 & & 4 \
40 & & 5 \
50 & & 7 \
60 & & 10 \
70 & & 14 \
80 & & 19 \
90 & & 25 \
100 & & 32
\end{array}
\begin{array}{ccc}
\text { ATC-B } & & \text { ATC-C } \
\hline
\$ 13 & & \$ 44 \
9 & & 35 \
6 & & 27 \
4 & & 20 \
3 & & 14 \
4 & & 11 \
5 & & 8 \
7 & & 6 \
10 & & 5 \
16 & & 7
\end{array}
\end{array}$ Refer to the data.At what level of output is minimum efficient scale realized?

Question

Quizplus · Accepted Answer

Minimum efficient scale is realized at the lowest point of the average total cost (ATC) curve. For plant size C, the lowest ATC is at an output of 50, where ATC is $14.

Use the Following Data to Answer the Question Refer to the Data