2511EconomicsMedium
The first level of output at which the long run average cost are minimized is called?
AThe Minimum External Scale
MCQs
Read every question, see the correct answer, and understand the explanation at your own pace. Study mode has no timer and no negative marking.
Correct answer
D. The Minimum Efficient Scale
Explanation
The correct answer is The Minimum Efficient Scale.
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C. I, II, III and IV
Explanation
The correct answer is I, II, III and IV.
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B. Supply side economics
Explanation
Classical economics emphasizes supply-side factors, such as production, labor, and capital, believing that markets naturally adjust to equilibrium.
Correct answer
C. society
Explanation
The correct answer is society.
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D. the elite is not always against the masses
Explanation
The correct answer is the elite is not always against the masses.
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A. primary products
Explanation
The correct answer is primary products.
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C. Financial markets of developing economies
Explanation
The correct answer is Financial markets of developing economies.
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B. oligopolistic
Explanation
The correct answer is oligopolistic.
Correct answer
C. the central city suburbs and satellites
Explanation
The correct answer is the central city suburbs and satellites.
Correct answer
A. a liability
Explanation
The correct answer is a liability.