The firm's shutdown point occurs at an output of

A) 40.
B) 45.
C) 50.
D) 55.
E) 60.

Shutdown Point

The level of production and corresponding price at which a business's total revenue exactly equals its total variable costs, beyond which the business would start to incur losses.

Output

In economic terms, output refers to the total amount of goods and services produced by an economy or a firm.