Minimum Efficient Scale

Minimum Efficient Scale

Fouad Sabry

Språken
FörlagOne Billion Knowledgeable
ISBN6610000521418

What is Minimum Efficient Scale In the context of industrial organization, the effective scale of production, also known as the minimum efficient scale (MES), refers to the lowest point at which a plant is capable of producing in such a way that its long-term average costs are minimized. Additional