Business, 27.09.2019 23:30 jj1077348

At the minimum efficient scale,
a. marginal cost is at its minimum.
b. any increases in the scale of operation will encounter further economies of scale.
c. all possible economies of scale have not been exhausted.
d. the firm has achieved the lowest possible average cost of production.

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At the minimum efficient scale,
a. marginal cost is at its minimum.
b. any increases i...