explain its conditions through MR-MC approach.
Answers
Answered by
0
wait. for. a. while. i.
Answered by
3
“A firms will be in equilibrium when it has no advantage to increase or decrease its output.” The firm equilibrium is explained with the help of two approaches they are as follows: Marginal Revenue and Marginal Cost approach (MR-MC approach) Total Revenue and Total cost approach (TR-TC approach)
Similar questions