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Shut-down poi...

Question

Shut-down point occurs when a firm is just covering its fixed costs only.

A

True

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B

False

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Solution

The correct option is B False
Shut-down point occurs when a firm is just covering its variable costs only. Or, it is a situation when: $T R = T V C$ or $A R = A V C$ .

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Work Done in Different Frames of Reference

Standard XII Physics

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