-In the Above Figure, Point B Is Called

question 9

Multiple Choice

-In the above figure, point B is called

• A) the maximum efficient scale.
• B) the minimum efficient scale.
• C) the planning horizon.
• D) the point of diminishing marginal product.

---

Definitions:

Nonprofit Organization

An entity that operates for the public or social benefit, rather than for the profit of its owners or shareholders.

Foreign Aid

Money and programs provided by governments, NGOs, or corporations to help alleviate poverty.

Profit Under

Typically a clerical error; if meant to be "Profit and Under," there is no clear definition. NO.

Unmet Needs

Demands or requirements of consumers or markets that are currently not being satisfied by existing products or services.