To Achieve the Minimum Efficient Scale in the Long Run,a

question 112

Multiple Choice

To achieve the minimum efficient scale in the long run,a firm must _____

• A)charge the highest price possible.
• B)produce where demand is unit elastic.
• C)sell the most output possible.
• D)maximize the cost of producing any given amount of output.
• E)produce at minimum long-run average cost.

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