Exhibit 8-11 -Refer to Exhibit 8-11, Which Is a Long-Run Average Total

question 50

Multiple Choice

Exhibit 8-11
-Refer to Exhibit 8-11, which is a long-run average total cost (ATC) schedule. The minimum efficient scale is at

• A)0 unit.
• B)1 unit.
• C)2 units.
• D)3 units.
• E)4 units.

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