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Author Question: Minimum Efficient Scale is the point where (Read 84 times)

urbanoutfitters

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on: May 25, 2020

Question 1

The 'minimum efficient scale' of operations refers to a scale of plant at which
◦ economies of scale are just exhausted.
◦ diseconomies of scale are at the lowest point.
◦ managerial diseconomies are just offset by technical economies of scale.
◦ none of the above occurs.

Question 2

Minimum Efficient Scale is the point where
◦ natural monopoly occurs.
◦ LRAC is first minimised.
◦ LRAC falls the most rapidly.
◦ LRAC rises least rapidly.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by urbanoutfitters on May 25, 2020

mjbamaung

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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urbanoutfitters

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

amcvicar

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Reply 3 on: Yesterday
Excellent

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