Economy, asked by niuto31, 3 months ago

a firm should not produce beyond the point of equilibrium or should not stop above the equilibrium why?​

Answers

Answered by sukhdeepkhera0127
25

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Equilibrium is the state of maximum satisfaction. Producing less or more than the equilibrium would be a state of either less satsisfaction ( not maximimum satisfaction ) or dissatisfaction ( marginal utility will be negative).

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