This farmer's shutdown point is at a price ofA) $0.B) $4.C) $7.D) $10.

Question

kahla giannecchini · Accepted Answer

Final Answer : C, Explanation :  The shutdown point is the price at which the farmer's total revenue equals his total cost. In this case, the farmer's total cost is $7, so the shutdown point is at a price of $7.

This farmer's shutdown point is at a price of

A) $0.
B) $4.
C) $7.
D) $10.

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