If the "Minimum Efficient Scale" in an Industry Is at 25

question 236

Multiple Choice

If the "minimum efficient scale" in an industry is at 25 percent of market sales, what is the maximum number of efficient firms the economy can support in this industry?

• A)75
• B)25
• C)10
• D)4

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Definitions:

Selective Serotonin Reuptake Inhibitors

A class of medications used to treat depression and anxiety disorders by increasing the levels of serotonin in the brain.

Antidepressants

Medications designed to improve symptoms of depression by altering chemical activity in the brain related to mood regulation.

Side Effects

Unintended reactions or outcomes that occur in addition to the desired therapeutic effect of a medication or treatment.

Depression

A psychiatric disorder defined by a constant state of depression or an absence of pleasure in hobbies, which significantly interferes with routine life activities.