Which of the following firms produce at the minimum efficient scale? O A Toyota produces 20 cars a day at its Texas plant at which its profit is maximized. O B. Starbucks' makes 1000 chai lattes each day at which is total revenue is maximized. OC. A Gap outlet in Chicago sells 500 jackets a day and lowers its average variable cost. OD. Dell produces 100 computers a week at which its long run average total cost is minimized.
The firm is said to operate at a minimum efficient level when its long run average total cost is at its minimum
option D is correct answer