Economy, asked by komal9973, 10 months ago

producer equilibrium is determined where​

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Answered by Anonymous
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Answer:

Producer's Equilibrium is determined at OM level of output corresponding to point E as at this point: (i) MC = MR; and (ii) MC is greater than MR after MC = MR output level. ... So, the producer is at equilibrium at OM units of output.

Answered by Anaya1234567890
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Producer's Equilibrium is determined at OM level of output corresponding to point E as at this point: (i) MC = MR; and (ii) MC is greater than MR after MC = MR output level. ... So, the producer is at equilibrium at OM units of output.

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