Solved: Theory of efficient production, Microeconomics

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Theory of efficient production

Question: Economics Terms Explained:

* Spreading the overhead.
* A break-even level of production.
* The efficiency of mass production?

How does the theory of efficient production apply to managers of government bureaus or departments that are not run for profit? How about non-profit clubs that collect just enough dues from their members to cover the cost of operation?

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Microeconomics: Theory of efficient production

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