Is TR-TC approach a part of the syllabus of Economy?
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Answered by
13
Hey there !!
Yes,, TR - TC approach is in syllabus of economics ..
It is the approach called profit approach of producer equilibrium..
Meaning..
It is the formula of profit ( π) that the maximum level of profit at which producer will continue its production and gets best revenue...
Thank you
Yes,, TR - TC approach is in syllabus of economics ..
It is the approach called profit approach of producer equilibrium..
Meaning..
It is the formula of profit ( π) that the maximum level of profit at which producer will continue its production and gets best revenue...
Thank you
Answered by
2
Yes TR - TC approach is a part of the syllabus of Economics .
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