What does MES refer to?
A) The marginal efficient size of a firm
B) The biggest-size plant that is capable of achieving economies of scale.
C) The biggest-size plant that is capable of achieving diseconomies of scale
D) The smallest-size plant that is capable of achieving diseconomies of scale
E) The smallest-size plant capable of achieving the lowest long-run average cost of production.
Correct Answer:
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