Assume that firms a and b have the same minimum efficient, Business Economics

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Assume that firms a and b have the same minimum efficient

Assume that firms A and B have the same minimum efficient scale of operation and, at current production levels, both firms are incurring the same average costs of production. However, firm A's output is 5 times larger than firm B's output. How is this possible?

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Business Economics: Assume that firms a and b have the same minimum efficient

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