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A table showing TC and TR of a firm is ...

A table showing TC and TR of a firm is given . Calculate MC and MR find out the equilibrium level of output.

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The producer achieves equilibrium at 6 units of output. It is because this level of output satisfies both the condition of producer's equilibrium :
(i) MC is equal to MR, and
(ii) MC becomes greater than MR after this level of output.
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