23)Which of the following is False as it regards: Diseconomies of Scale and Minimum Efficient Scale (MES): a. Management barriers in controlling a firm as it becomes a larger firm. b. The lowest level a firm can minimize long run average cost. c. MES firms can only exist where the price of labor and land are inexpensive. d. MES firms can operate efficiently per unit based upon its production cost. A) 1 is False B) 2 is False C) 3 is False D) 4 is False 24) Which of the follows is False as it Regards: Pure Competition 1) A large number of independent sellers in the market. 2) A standardized product is produced and sold at the same price. 3) It is a price taker that can exert control over the market. 4) New firms can easily enter market and firms can easily exit. A) 1 is False B) 2 False C) 3 is False D) 4 is False