Calculations 9 of 10 close At a firm's profit-maximizing level of output, its price is $200 and its short-run average total cost is $225. The firm has a profit of $25 per unit of output. should shut down if its short-run average fixed cost is less than $25. has a loss of $100 per unit of output. should shut down if its short-run average variable cost exceeds $25.
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Home » Business » Calculations 9 of 10 close At a firm's profit-maximizing level of output, its price is $200 and its short-run average total cost is $225. The firm has a profit of $25 per unit of output.