What is meant by the short-run shut down point

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Reference no: EM133320230

Question: What are economies of scale, which modes (domestic) tend to have them, and what factor(s) cause their existence? What is meant by the short-run shut down point? Where does this occur and why? Relatively speaking, who would have the lower shut down point, that is, which firm could reduce price more and still operate, rail or truck and why?

Reference no: EM133320230

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