what are the two method for determination of producer equibrium.
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There are no accurate method to determine the producer's equilibrium. However it can determined by using the fixed and the variable factors employed in the production of goods. Also the TVC (Total variable cost) and TFC (Total fixed cost) also help in the determination of producer's equilibrium.
Producer's equilibrium refers to the situation when the producer is having the maximum satisfaction with his production level and he has no tendency to the change the way of production.
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