Discover answers to your most pressing questions at Westonci.ca, the ultimate Q&A platform that connects you with expert solutions. Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.
Sagot :
In economics, the term "shoutdown point" refers to the point where the marginal cost curve crosses the average variable cost curve. The Option D is correct.
What Is a Shutdown Point?
A shutdown point refers to the level of operations at which a company experiences no benefit for continuing operations and therefore, decide to shut down temporarily or cases permanently. It often results from combination of output and price where the company earns just enough revenue to cover its total variable costs.
In essence, this point denotes the exact moment when a company’s marginal revenue is equal to its variable costs, that is, it occurs when the marginal profit becomes negative.
Read more about Shutdown Point
brainly.com/question/13752465
#SPJ1
We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.