Ideal Firm Size: Do You Know Where That Is? Bandana
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No need to be an economics major to appreciate this economics inquiry on this bandana. 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 bandana!