If the long-run average cost curve continuously slopes, Ask an Expert

Economics

If the? long-run average cost curve continuously slopes upward as output? rises, minimum efficient scale would be

a) at the midpoint of the? long-run average cost curve.

b) nonexistent.

c) zero.

d) at the rate of output associated with the smallest sized plant the firm can build.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91838555

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