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Author Question: What is the shutdown point? What will be an ideal response?[br][br][b][color=#7BCCB5]Question ... (Read 92 times)

SAVANNAHHOOPER23

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on: Jun 29, 2018
What is the shutdown point?
 
  What will be an ideal response?

Question 2

Since 1900, real GDP in the United States has grown
 
  A) more rapidly than the population.
  B) as rapidly as the population.
  C) more slowly than the population.
  D) in a random unpredictable manner relative to the population.


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shailee

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Reply #1 on: Jun 29, 2018
Answer to Question 1

The shutdown point is the lowest point on the average variable cost curve.

Answer to Question 2

A


SAVANNAHHOOPER23

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

matt95

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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