Plant Sizes Get Larger as You Move from ATC-1 to ATC-4

question 285

Multiple Choice

Plant sizes get larger as you move from ATC-1 to ATC-4. The firm's minimum efficient scale is at what output level?

• A)2,500
• B)3,000
• C)3,500
• D)4,000

---

Definitions:

Money Market Mutual Funds

Investment funds that pool money from investors to purchase short-term, high-quality debt securities like treasury bills and commercial paper.

M1

A category of the money supply that includes all physical money like coins and currency, as well as demand deposits and checking accounts.

Commercial Banks

Financial institutions that offer a wide range of services such as accepting deposits, issuing loans, and providing basic investment products to the public and businesses.

Selling Securities

The act of offering stocks, bonds, or other financial instruments for sale to investors, either through public offerings or via private placements.