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The table below shows the cost information for a firm in a perfectly competitiv...
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The table below shows the cost information for a firm in a perfectly competitive industry.
What would be the shut down price for this firm?
| Q | FC | VC | TC | MC | AFC | AVC | ATC |
| 0 | 180 | 0 | 180 | ||||
| 1 | 180 | 11.25 | 191.25 | 11.25 | 180.00 | 11.25 | 191.25 |
| 2 | 180 | 14 | 194 | 2.75 | 90.00 | 7.00 | 97.00 |
| 3 | 180 | 19.75 | 199.75 | 5.75 | 60.00 | 6.58 | 66.58 |
| 4 | 180 | 30 | 210 | 10.25 | 45.00 | 7.50 | 52.50 |
| 5 | 180 | 46.25 | 226.25 | 16.25 | 36.00 | 9.25 | 45.25 |
| 6 | 180 | 70 | 250 | 23.75 | 30.00 | 11.67 | 41.67 |
| 7 | 180 | 102.75 | 282.75 | 32.75 | 25.71 | 14.68 | 40.39 |
| 8 | 180 | 146 | 326 | 43.25 | 22.50 | 18.25 | 40.75 |
| 9 | 180 | 201.25 | 381.25 | 55.25 | 20.00 | 22.36 | 42.36 |
| 10 | 180 | 270 | 450 | 68.75 | 18.00 | 27.00 | 45.00 |
| 11 | 180 | 353.75 | 533.75 | 83.75 | 16.36 | 32.16 | 48.52 |
| 12 | 180 | 454 | 634 | 100.25 | 15.00 | 37.83 | 52.83 |
| 13 | 180 | 572.25 | 752.25 | 118.25 | 13.85 | 44.02 | 57.87 |
| 14 | 180 | 710 | 890 | 137.75 | 12.86 | 50.71 | 63.57 |
| 15 | 180 | 868.75 | 1048.75 | 158.75 | 12.00 | 57.92 | 69.92 |
| 16 | 180 | 1050 | 1230 | 181.25 | 11.25 | 65.63 | 76.88 |
| 17 | 180 | 1255.25 | 1435.25 | 205.25 | 10.59 | 73.84 | 84.43 |
| 18 | 180 | 1486 | 1666 | 230.75 | 10.00 | 82.56 | 92.56 |
| 19 | 180 | 1743.75 | 1923.75 | 257.75 | 9.47 | 91.78 | 101.25 |
| 20 | 180 | 2030 | 2210 | 286.25 | 9.00 | 101.50 | 110.50 |