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Introduction to Economics 1
INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi The Firm in Perfectly Competitive Markets soru cevapları
INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi The Firm in Perfectly Competitive Markets soru detayı:
SORU:
What does Production efficiency refer to?
CEVAP:
Production efficiency refers to a production level when it is produced at the lowest point on the long run average cost curve where marginal cost equals AC.