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| minimum efficient quantity definitions | |||
|---|---|---|---|
| # | Definition | Sets | |
| 1 | the smallest quantity of output that will achieve minimum long run average cost | 2 sets | |
| 2 | smallest quantity of output that will achieve minimum long-run average cost. | 1 set | |
| 3 | the smallest quantity of output that will achieve minimum long-run average cost | 1 set | |