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     EduGorilla 
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    A firm encounters its "shutdown point" when

    Options :-

    1. average total cost equals price at the profit-maximising level of output
    2. average variable cost equals price at the profit-maximising level of output
    3. average fixed cost equals price at the profit-maximising level of output
    4. marginal cost equals price at the profit-maximising level of output
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