Indicate which of the following users are classified as internal versus external users.
Definitions:
Curve
A graphical representation of the relationship between two or more variables in a coordinate system, often used in economics to illustrate supply and demand.
Shutdown Point
The level of operation at which a company does not benefit from continuing operations and may decide to temporary halt production—it's where marginal cost equals average variable cost.
Lowest Price
The minimum amount at which a product or service is sold, often determined by costs, competition, and market demand.
Long Run
A period in which all factors of production and costs are variable, allowing full adjustment to changes.
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