Question

In the quantity discount model, the optimum quantity will always be found on the lowest total cost curve.

Answer 1

In the quantity discount model, the optimum quantity is not always be found on the lowest total cost curve. Therefore, it's false.

What is optimum quantity?

It should be noted that optimum quantity simply means the economic quantity that is purchased.

In this case, in quantity discount model, the optimum quantity is not always be found on the lowest total cost curve. Therefore, it's false.

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