Wednesday, January 19, 2022

Ideal Firm Size: Do You Know Where That Is? T-Shirt


Ad: Ideal Firm Size: Do You Know Where That Is? T-Shirt

No need to be an economics major to appreciate this economics inquiry on this tee. Featuring long-run average cost curve (LRAC) along with the caption "Ideal Firm Size: Do You Know Where That Is?". The ideal firm size is the theoretically most competitive size for any company in a given industry at a given time and should ideally correspond with the highest possible per-unit profit. In other words the ideal firm size is OQ2 where average cost is at its lowest level on the long-run average cost curve. Make others do a double-take with a dose of microeconomics humor with this t-shirt! myEconomics

#microeconomics #economics #profit #ideal #firm #TShirt

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