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Give the meaning of shut-down point.

+3 votes

asked Jan 31, 2019 in Class 12 by kratos

Give the meaning of shut-down point.

perfect competition
the theory of the firm under perfect competition
the theory of the firm
class-12
producer behaviour and supply

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1 Answer

+3 votes

answered Feb 16, 2021 by kratos

Best answer

A shut down point is a level of operations at which a company experiences no benefit for continuing operating and decided shut down temporarily.

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