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Economics MCQs (BBA Business Administration) From Textbook

Economics MCQs – Certification Test 49

What are Costs? Trivia (Question 49) – App & e-Book Download

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MCQ 49: The lowest production point at which long-run total average cost curves are minimized is known as:

  1. production deficit
  2. production surplus
  3. minimum efficient scale
  4. maximum efficient scale

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