The Minimum Efficient Scale (MES) Is the Output Level That

question 181

Multiple Choice

The minimum efficient scale (MES) is the output level that delivers the ________.

• A) highest possible revenues
• B) lowest possible costs
• C) highest possible net
• D) lowest margin

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Definitions:

Scope Of Work

The detailed description of the work to be performed in a project, including the project's objectives, deliverables, and timelines.

Costs For Performing

Expenses associated with executing specific tasks or operations in a project or business activity.

Procurement

The process of finding, acquiring, buying goods, services, or works from an external source, often via a tendering or competitive bidding process.

Goods And Services

The outputs offered by businesses and individuals which can be tangible products or intangible activities performed for others.