Meaning of shutdown case
Shutdown case
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Economics terminology
Glossary of economics terms and concepts
Meaning and definition of shutdown case
The circumstance in which a firm would experience a loss greater than its total fixed cost if it were to produce any output greater than zero, alternatively, a situation in which a firm would cease to operate when the price at which it can sell its product is less than its average variable cost.
For the term shutdown case may also exist other definitions and meanings, the meaning and definition indicated above are indicative not be used for medical and legal or special purposes.
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