A minimum efficient plant size is:
A)The minimal size of a plant that achieves an equilibrium between fixed and variable costs
B)The starting point in terms of output volume for meeting market price at a minimum profit
C)The minimum size of a plant that acquires the largest market share
D)The minimum size of a plant that is required for efficient R&D

Question

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The Answer of A minimum efficient plant size is:
A)The minimal size of a plant that achieves an equilibrium between fixed and variable costs
B)The starting point in terms of output volume for meeting market price at a minimum profit
C)The minimum size of a plant that acquires the largest market share
D)The minimum size of a plant that is required for efficient R&D

A Minimum Efficient Plant Size Is