单选题 The best characterization of a firm that is operating on its long-run average cost curve is when it: A. experiences constant returns to scale. B. produces a given output at the least possible cost. C. chooses a plant size that minimizes the average fixed cost.
【正确答案】 B
【答案解析】
[分析] 长期平均成本(LAC)是指长期中平均每单位产品的成本,即LAC=LTC/Q。长期平均成本是生产各种产量所需的最低平均成本点的轨迹,可由短期平均成本曲线SAC导出,它是短期平均成本曲线的包络线。