We say that a business is operating at peak efficiency when its __________ is held to a minimum.

Name: We say that a business is operating at peak efficiency when its __________ is held to a minimum.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When a business is operating at peak efficiency, its goal is to minimize average total cost. This ensures that the business is producing goods or services at the lowest possible cost per unit, maximizing efficiency.

We Say That a Business Is Operating at Peak Efficiency