When a firm manufactures 2,000-3,000 units of a product, it incurs an average cost of $10 per unit. When it manufactures 3,000-4,000 units of the same product, the average cost per unit reduces to $7. However, manufacturing beyond 4,000 units will raise the average cost per unit to $9. Which of the following is the firm's minimum efficient scale? 3,000-4,000 units above 4,000 units 2,000-3,000 units O below 2,000 units

When a firm manufactures 2,0003,000 units of a product, it incurs an average cost of $10 per unit. When it manufactures 3,0004,000 units of the same product, the average cost per unit reduces to $7. However. manufacturing beyond 4,000 units will raise the average cost per unit to $9. Which of the following is the firm's minimum efficient scale? 3,0004,000 units above 4,000 units 2,0003,000 units below 2,000 units