The lowest point on a firms short-run supply curve is at the ________. a) break-even point b)

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The lowest point on a firm’s short-run supply curve is at the ________.

a) break-even point

b) shut-down point

c) most profitable output point

d) lowest point on the marginal cost curve.

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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Question Posted: Feb 29, 2024 07:00 AM

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The lowest point on a firms short-run supply curve is at the ________. a) break-even point b)

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The correct answer is b shutdown point Heres the explanation Shortrun supply curve This curve shows ...View the full answer

Microeconomics

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