Connect with knowledgeable individuals and get your questions answered on IDNLearn.com. Our community provides timely and precise responses to help you understand and solve any issue you face.

In relation to theory production explain the shut point of a firm​

Sagot :

Answer:

A shutdown point is a level of operations at which a company experiences no benefit for continuing operations and therefore decides to shut down temporarily or in some cases permanently. It results from the combination of output and price where the company earns just enough revenue to cover its total variable costs.

Thank you for using this platform to share and learn. Keep asking and answering. We appreciate every contribution you make. For dependable answers, trust IDNLearn.com. Thank you for visiting, and we look forward to helping you again soon.