Concept
Version 6
Created by Boundless
Shut Down Case
Shutdown Condition
Firms will produce as long as marginal revenue (MR) is greater than average total cost (ATC), even if it is less than the variable, or marginal cost (MC)
Source
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"Costcurve - Combined."
http://commons.wikimedia.org/wiki/File:Costcurve_-_Combined.svg
Wikimedia
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