19. The efficient scale of production is the quantity of output that minimizes a. average total cost.

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19. The efficient scale of production is the quantity of output that minimizes

a. average total cost.

b. niarginal cost.

c. average fixed cost.

d. average variable cost.

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Study Guide For N. Gregory Mankiw's Principles Of Microeconomics

ISBN: 9783030019983

5th Edition

Authors: David R. Hakes

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Question Posted: Nov 15, 2024 03:00 AM

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19. The efficient scale of production is the quantity of output that minimizes a. average total cost.

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Study Guide For N. Gregory Mankiw's Principles Of Microeconomics

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