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Shut-down point is the situation when ______. - Economics

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Question

Shut-down point is the situation when ______.

Options

  • AR = AC

  • AR = AVC

  • AR > AVC

  • all of these

MCQ
Fill in the Blanks
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Solution

Shut-down point is the situation when AR = AVC.

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Chapter 11: Determination of Equilibrium Price and Output Under Perfect Competition - TEST YOURSELF QUESTIONS [Page 199]

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Frank Economics [English] Class 12 ISC
Chapter 11 Determination of Equilibrium Price and Output Under Perfect Competition
TEST YOURSELF QUESTIONS | Q 7. | Page 199
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