The Firm's Efficient Scale Is the Quantity of Output That

question 298

Multiple Choice

The firm's efficient scale is the quantity of output that minimizes

• A)average total cost.
• B)average fixed cost.
• C)average variable cost.
• D)marginal cost.

---

Definitions:

Active Listening

An effective communication technique that ensures what the speaker says is accurately received.

Mute

The act of silencing the audio output from a device or application, preventing any sound from being played.

Maintain Eye Contact

The practice of looking directly into someone's eyes to convey attention, confidence, and sincerity during a conversation.

Intel Processor

A line of central processing units (CPUs) developed and manufactured by Intel Corporation, widely used in computers and servers.