The optimum point is an _________ size of a firm.
A. Ideal
B. Average
C. Over
D. Extra
Answer: Option A
Solution(By Examveda Team)
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.Join The Discussion
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The optimum size of business unit multiple choice questions and answers