Producer's Equilibrium under MR-MC appro...

Producer's Equilibrium under MR-MC approach is achieved when :

A

MR=MC

B

`MC gt MR` after the equality between MR and MC

C

Either (a) or (b)

D

Both (a) and (b)

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The correct Answer is:

D

N/a

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SANDEEP GARG-PRODUCER'S EQUILIBRIUM-Revision

Producer's Equilibrium under MR-MC approach is achieved when :
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"" refers to a situation when a firm has no intention expand or contra...
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Excess of receipts from sale of goods over expenditure incurred on pro...
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Producer is not at equailibrium when MC gt MR bacause :
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The following diagram correctly depicts the producer's equilibrium in ...
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In the following schedule , producer's equilibrium is at ""
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If MR is more than MC at a particular level of output , then producer ...
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In the following diagram , producer's equilibrium is achieved at poin ...
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Producer's equilibrium refers to stage of that output level when :
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In case of perfect competition a firm is in equilibrium when:
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The profit of a firm diminishes when "" exceeds "":
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If Marginal Cost =MC and Marginal Revenue =MR , then for achieving equ...
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When price falls with rise in output , then Producer's Equilibrium is ...
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