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The TR and TC values of a firm are give...

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?

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{MR :20,20,20 ,20,20,20,20,MC :30,25,23,22,30,40, Producer's Equilibrium is achieved at 4 units of output as: (i) MC is equal to MR : and (ii) MC becomes greater than MR after this level of output.}
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