Suppose a firm operating in a competitive murket has the fol

Suppose a firm operating in a competitive murket has the following cost curves: MC ATC AVC Quaxtity

Solution

Solution-

The correct option is D. AB

Reason-

Shutting down point is where the minimum price at which company would prefer to close its operations rather than manufacture anything.Is where there is MC intersects AVC (any point below there will cause the firm to shut down temporarily in the short run).