Economy, asked by sjshshsbhehea, 9 months ago

what do uh mean by producers equilibrium???​

Answers

Answered by sakshamMINGLANI
0

Explanation:

producers equilibrium is a situation where maximum profits are earned

in this situation MR=MC AND TR-TC IS MAXIMUM BOTH MR AND MC CURVE INTERSECT AND WHERE MC IS DECREASING AFTER BEING EQUAL ;THE POINT IS PRODUCERS EQUILIBRIUM

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