Price is equal to AVC
Total revenue is equal to TVC
Total loss of the firm is equal to TFC
All of the above
✅ The correct answer is D.
At shut down point Price is equal to AVC, Total revenue is equal to TVC and Total loss of the firm is equal to TFC.
At shut down point Price is equal to AVC, Total revenue is equal to TVC and Total loss of the firm is equal to TFC.