A firm may be considered to be of optimum size when
A. | Its total cost and total revenue curve coincide |
B. | Its average cost is at a minimum |
C. | Its fixed and average costs are equal |
D. | It is faced with a horizontal demand curve |
Answer : B Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |