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Time left 0 : 1 6 : 0 4 What does the term minimumefficientscale mean? a . The largest - size plant capable of achieving

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What does the term minimumefficientscale mean?
a. The largest-size plant capable of achieving minimum long-run average cost.
b. The lowest average cost of production for a particular size of plant.
c. The smallest size of plant capable of producing a particular output.
d. The lowest level of efficiency which a firm is capable of producing.
e. The smallest-size plant capable of achieving minimum long-run average cost.
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