Minimum Efficient Scale
Minimum efficient scale (MES) or efficient scale of production is a term used in industrial organization to denote the smallest output that a plant (or firm) can produce such that its long run average costs are minimized.
Read more about Minimum Efficient Scale: Computing, Relationship To Average Cost and Marginal Cost, Relationship To Market Structure
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—H.L.A. (Herbert Lionel Adolphus)
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—Henry David Thoreau (1817–1862)
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—Henry David Thoreau (1817–1862)