Universal Shutdown Rule
The firm shuts down "only if its revenue is less than its avoidable costs."
Read more about this topic: Shutdown (economics)
Famous quotes containing the words universal and/or rule:
“The exuberant fertility of the universal will.”
—Friedrich Nietzsche (1844–1900)
“Resolved to ruin or to rule the state.”
—John Dryden (1631–1700)