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The optimum point is an size of a firm

This question belongs to Commerce Business And Commerce
Business and Commerce
?

The optimum point is an _________ size of a firm.

Answer & Solution
Correct Answer: Option A
The optimum point is an Ideal size of a firm. The optimum firm refers to the best or ideal size of the firm. More specifically optimum or best firm is considered as one that has set up a plant with lowest possible cost and is also operating it at its lowest average cost point.
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Sepuri Vimala
Sepuri Vimala 3 years ago
The optimum size of business unit multiple choice questions and answers
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