Examlex

Solved

What Is Minimum Efficient Scale? Why Is It Important

question 127

Essay

What is minimum efficient scale? Why is it important?


Definitions:

Double Approach/Avoidance Conflict

A psychological conflict that arises when a person is faced with a decision involving both desirable and undesirable aspects of two conflicting goals.

Locus Of Control

A mental construct denoting how much people think they possess the power to influence occurrences that impact their existence.

Optimist

An individual who tends to be hopeful and confident about the future or the success of something.

Pessimist

A person who tends to see the worst aspect of things or believe that the worst will happen; a lack of hope or confidence in the future.

Related Questions