What is minimum efficient scale? Minimum effcient scale is OA he level of output at which a fim begins to axperience economies of scale. OB. the level of oulput at which the long-nun average cost of...

Extracted text: What is minimum efficient scale? Minimum effcient scale is OA he level of output at which a fim begins to axperience economies of scale. OB. the level of oulput at which the long-nun average cost of production begins to decline. Oc. the level of output at which the long-run average cost of production no longer decreases with output. OD. he level of output at which all diseconomies of scale are exhausted. OE. he level of output at which the marginal cost of production reaches a minimum