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Break Even Point & Shut Down …

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Break Even Point & Shut Down Point??
  • 2 answers

Mahak Singh 7 years, 9 months ago

Break even point is when TR =TC and shut down point is when loss is lesser than TFC and TR is lesser than or equals to TVC

Shruti Sharma 7 years, 9 months ago

Break even point- when total revenue of firm is equal to total cost. No profit no loss situation. Shut down point- when total revenue of firm is equal to total variable cost.
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