-In the Above Figure, the Minimum Efficient Scale of Output

question 40

Multiple Choice

-In the above figure, the minimum efficient scale of output is

• A) 5,000 pounds of coffee.
• B) 10,000 pounds of coffee.
• C) 13,000 pounds of coffee.
• D) 15,000 pounds of coffee.

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Definitions:

Indirect Compensation

Compensation that is not paid directly as cash to an employee but instead provides value in other forms such as insurance, stock options, or retirement plans.

Successful Recruitment

The process of effectively identifying, attracting, and hiring the best candidates for a job.

Labour Unrest

Discontent or conflict within the workforce usually due to poor working conditions, low pay, or lack of rights.

Severance Pay

Payment to a worker upon permanent separation from a company.