Home
Class 11
ECONOMICS
Find out the equilibrium output level fr...

Find out the equilibrium output level from the following data. Show the result graphically.

Text Solution

Verified by Experts


MC = MR condition is satisfied both at 2nd unit and at 4th unit of output. Also, if he stops at 2nd unit of output, it would mean loss of WCE profits which will be available to him if he produces 4 units of output.
Promotional Banner

Topper's Solved these Questions

  • PRODUCER'S EQUILIBRIUM

    RADHA BHUGANA|Exercise Let Us Recapitulate|4 Videos
  • PRODUCER'S EQUILIBRIUM

    RADHA BHUGANA|Exercise MULTIPLE CHOICE QUESTIONS|8 Videos
  • PRODUCER BEHAVIOUR AND SUPPLY

    RADHA BHUGANA|Exercise LET US RECAPITULATE|1 Videos
  • SIMPLE APPLICATIONS OF TOOLS OF DEMAND AND SUPPLY

    RADHA BHUGANA|Exercise Long answer|3 Videos

Similar Questions

Explore conceptually related problems

Find MU from the following data :

Find MC from the following data :

Find the profit maximizing output level from the following :

Find the mean from the following data :

Find the mode from the following data: