Question

explain MC-MR approach with diagram? ​

Answer 1

A firm is said to be in equilibrium when it maximized its profit. It is also called as the difference between Total Revenue (TR) and Total Cost (TC). ... The firm equilibrium is explained with the help of two approaches they are as follows: Marginal Revenue and Marginal Cost approach (MR-MC approach)

Answer 2

Answer:

mc Mr approach is better than AC ar