Question

35. A firm can achieve equilibrium when its
(A) MC-MR
(B) MC = AC
(C) MR = AR
(D) MR = AC​

Answer 1

Explanation:

B}. MC = AR

I hope it may help to you

Answer 2

Answer:

A firm achieves equilibrium when its Marginal Cost is equal to Marginal Revenue i.e. MC=MR.

Explanation:

When MC=MR, the marginal cost of making a product or service is equal to the marginal revenue earned for the same. This is the profit-maximizing equilibrium for the company.

At this stage, any changes in price or quantity will not make the compnay better off.