MCQOPTIONS
Saved Bookmarks
| 1. |
A firm is said to be of optimum size when |
| A. | average total cost is at a minimum |
| B. | marginal cost is at a minimum |
| C. | marginal cost is equal to marginal revenue |
| D. | the firm is maximizing its profit |
| Answer» B. marginal cost is at a minimum | |