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Minimum efficient scale (MES) 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. This concept is useful in determining the likely market structure of a market. For instance, if the minimum efficient scale is small relative to the overall size of the market (demand for the good), there will be a large number of firms. The firms in this market will be likely to behave in a perfectly competitive manor due to the large number of competitors.
What else can I help you with?
What is the meaning of F A C O M A?
Farmer's Cooperative and Marketing Association What is Facoma?
How do different countries trade with each other?
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Can you come up with some illustrations of business risk measurement where bell curve type analysis is inappropriate?
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What is economy syllable?
The word economy has four syllables. The syllables are e-CON-o-my. The stress is on the second syllable.
How does economic interdependence affect productivity?
O
What is the runtime of Prim's algorithm for finding the minimum spanning tree of a graph?
The runtime of Prim's algorithm for finding the minimum spanning tree of a graph is O(V2) with a simple implementation, or O(E log V) with a more efficient implementation using a priority queue.
When was Cherry Valley O-scale created?
Cherry Valley O-scale was created in 1962.
What are the jobs offered after 'o' level and the pay scale for it?
pay scale
The minimum number of edges in a connected graph on n vertices is?
n-1 (o-o-o-o-o)
What size track does model train gauge on3 run on?
0n3 .. that's O scale (1:48) running on .75 in gauge track (1:48 = 1/4" = 1ft.) ... On30 runs on HO track (meaning that HO track represents 30" track in O scale)
What is the HO Scale used for?
The HO scale is used for measuring when it comes to model trains. Originally there was the O scale, or O gauge. When train models went to an even smaller size they created the HO scale to measure them.
What o you have to be minimum to get an account on youtube?
yes
Is HO the most popular model train scale?
HO is a gauge (scale) for model trains. The name HO comes from the fact that it represents a reduction of half from the earlier O gauge ("Half O"), which was more popular in Europe. The ratio for HO gauge equipment is 1:87 which means that the HO tracks are 16.5mm apart, or 1/87th of a standard train track (1435mm). In Europe, an almost exactly the same scale is called OO (pronounced "Double O"), even though it is much closer to half of O scale than double it (it is actually called "Double O" because there are two O's (OO) in the scale name).
What furnace is 98 percent efficient?
Lennox top o the line furnace is 98.2 percent efficient
What is the minimum sentence for murder in Australia?
O years.
What is the temperature scale with 180 degrees between the freezing of h two o?
It is the Fahrenheit scale.
Full meaning R O I?
The full meaning of R O I is the Republic of Ireland
