Examlex

Solved

What Is Minimum Efficient Scale? What Is Likely to Happen

question 306

Essay

What is minimum efficient scale? What is likely to happen in the long run to firms that do not reach minimum efficient scale?


Definitions:

Lysosomes

Organelles in cells that contain enzymes to break down waste materials and cellular debris.

Peroxisomes

Organelles found in virtually all eukaryotic cells that contain enzymes involved in the detoxification of harmful substances and in metabolic pathways.

Vesicles

Small structures within cells that contain fluid or cytoplasm and are used for storing or transporting substances.

Enzymes

Proteins that catalyze and speed up chemical reactions in the body without being consumed or altered in the process.

Related Questions