Question

A firm reaches shut down point when:
(a) TR = TVS
(b) TR = TC
(c) TR = AVC
(d) MR = MC​

Answer 1

Answer:

Answer:Answer: A A firm reaches shut-down point when: AR=AVC.When a firm is able to cover its variable costs only, it will be at ...

Answer:Answer: A A firm reaches shut-down point when: AR=AVC.When a firm is able to cover its variable costs only, it will be at ...Explanation:

Answer:Answer: A A firm reaches shut-down point when: AR=AVC.When a firm is able to cover its variable costs only, it will be at ...Explanation:I hope this helps

Answer 2

Answer:

hope this helps u

The shutdown point denotes the exact moment when a company's (marginal) revenue is equal to its variable (marginal) costs—in other words, it occurs when the marginal profit becomes negative.

or

When the firm's total cost exceeds total revenue , i.e. TC > TR the firm incurs loss. In other words loss of the firm implies that its TR is less than TC.