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what is difference between break even …

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what is difference between break even point and shut down point

    • Posted by Cdccd Vfdd 7 years, 9 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Muskan Bohra 7 years, 9 months ago

    Break even point is a point where AC=MC that is a firm earn normal profit at this point and shut down point refers to a point when AVC=MC at thus pint firm able to cover only its variable cost

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