Question

Explain producer equilibrium with the help of a table

Answer 1

producer's equilibrium refers to a situation when he maximize the profits and minimise the loss. There are two conditions which must be satisfied first, MR= MC ;second ,MC is rising beyond the point of equilibrium.
we can show it with the help of table and diagram.
EXPLANATION OF ABOVE DIAGRAM AS FOLLOWS:-
Here, in the above diagram E and E1 are two points on which may producers struck his equilibrium but on E only one condition is fulfilled that is MC=MC but on E1 both the conditions are satisfied that is MR=MC and MC is rising beyond the point of equilibrium. Therefore at E1 produces struck his equilibrium and E1 is the point of producer's equilibrium.

Answer 2

Explanation:

here is the answer.. wasn't able to find proper explanation so took some help of the above answer