![A shutdown point of firm A shutdown point of firm](https://digitalteachers.co.ug/wp-content/uploads/2022/09/Bbosa-Science.png)
A shutdown point of firm
A shut down point is a point below which a firm cannot covers its average variable costs (AR = AVC)
Or
It is a point where marginal cost (MC) = average variable costs
CATEGORIES Economics
TAGS Dr. Bbosa Science
A shut down point is a point below which a firm cannot covers its average variable costs (AR = AVC)
Or
It is a point where marginal cost (MC) = average variable costs