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Identify the criteria for a shut down

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Identify the criteria for a "shut down" and apply it to the following scenario: Suppose a firm sells 500 units per month at $50 per unit. Its fixed costs per month are $30,000 and its variable costs per month are $15,000. Would you advise this firm to continue operating in the short run? Why or why not?

Reference no: EM131395837

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