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When price falls with rise in output , t...

When price falls with rise in output , then Producer's Equilibrium is achieved at:

A

Point E

B

Point F

C

both (a) and (b)

D

Neither (a) nor (b)

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AR__________when price falls with rise in output

The TR and TC values of a firm are given in the following schedule. Calculate MR and MC. Also determine the level of output . At which producer's equilibrium is achieved?

Knowledge Check

  • When price falls with rise in output, then as quantity sold increases :

    A
    MR falls quickly than AR
    B
    MR falls slowly than AR
    C
    Both MR and AR fall at the same rate
    D
    MR and AR do not change

  • When price remains same with rise in output, AR curve is :

    A
    Vertical straight line parallel to Y-axis
    B
    Horizontal straight line parallel to X-axis
    C
    Downward sloping
    D
    Positively sloped

  • When price falls with rise in output, TR is _______ when MR is zero.

    A
    Maximum
    B
    Minimum
    C
    Zero
    D
    None of these

    • Similar Questions

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    Give relation between TR and MR when price falls with rise in output (ii) AR and MR when price falls with rise in output.

    In the following diagram , producer's equilibrium is achieved at poin "_________"

    Equilibrium price rises due to :

    In case of single commodity, consumer's equilibrium is achieved when:

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

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