Answered

Welcome to Westonci.ca, where you can find answers to all your questions from a community of experienced professionals. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

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.

Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.