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A firm is at its optimum size when?
Question 1
Report
A firm is at its optimum size when?
it produce the greatest output at a minimum cost
it has a motive to increase output
marginal cost equals marginal revenue
marginal cost is less than marginal revenue
Answer Details
Read lesson note on The Theory Of Production (JAMB)
Read lesson note on Theory Of Costs (JAMB)
The Theory Of Production
Theory Of Costs
View Answer