The point where the cost and overhead cost are equal
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Heya...
That point at which total cost and overhead costs ( known as fixed cost ) are equal is known as Shut down point...
Because at this point producer is bearing the most losses and want to withdrawal his investment from that business for other one new business..
That point at which total cost and overhead costs ( known as fixed cost ) are equal is known as Shut down point...
Because at this point producer is bearing the most losses and want to withdrawal his investment from that business for other one new business..
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