difference between breakeven point and shutdown point
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Shut down point is that point at which firms earn less than normal profits. It is called shut down point because in the long run firm's shutdown their operations at this point. Breakeven point is that point at which there are zero normal profits, that is, there are no profits no losses.
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Hey dear....✌❤
Answer....❤
Shut down point is that point at which firms earn less than normal profits. ...
Breakeven point is that point at which there are zero normal profits,
that is, there are no profits no losses. The firms break even at this point....
❤✌Hope it helps you❤✌
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