Minimum Efficient Scale
A firm’s long-run average total cost (LRATC) is $10 per unit at an output of 100 units, $8 at 200 units, $7 at 300 units, $8 at 400 units, and $10 at 500 units. What is the firm’s minimum efficient scale?
A
200 units
B
400 units
C
100 units
D
300 units
Question Leaderboard
| Rank | |||||
|---|---|---|---|---|---|
| #1 | rebekahnrp | 1 | 1 | 0m 25s | 75 |
| #2 | sudhakarrsurya216 | 1 | 1 | 0m 28s | 72 |
| #3 | jasmineleung1007 | 2 | 4 | 1m 55s | 65 |
| #4 | Demeyl.28 | 1 | 1 | 0m 51s | 49 |
| #5 | yunushojaevaazhara | 1 | 1 | 1m 01s | 39 |
| #6 | hackeraltacc2024 | 1 | 1 | 1m 06s | 34 |
| #7 | shloktanna2010 | 1 | 1 | 1m 27s | 13 |
| #8 | hyehak0401 | 1 | 2 | 2m 51s | -81 |
| #9 | donggle061218 | 1 | 1 | 5m 00s | -200 |
| #10 | prishaprishaprisha | 1 | 2 | 4m 56s | -206 |
Items per page:
10
1 – 10 of 10