Home » Economics » A firm is at its optimum size when?A firm is at its optimum size when? A firm is at its optimum size when? A. it produce the greatest output at a minimum cost B. it has a motive to increase output C. marginal cost equals marginal revenue D. marginal cost is less than marginal revenue Correct Answer: Option A Explanation Related Posts As a firm increases its output, the average fixed cost? which of the following is not correct? Government can boost agricultural output in Nigeria primarily by A commodity is described as inferior when the Upstream oil activities involve the The law of diminishing marginal utility indicates that if a consumer increases his consumption of…
