Question

what do you mean by productive equilibrium? class11​

Answer 1

Answer:

Producer's Equilibrium : A producer or firm is said to be in equilibrium when it produces that level of output which gives him maximum profit and he has no incentive to change its existing level of output

Answer 2

Answer:

it's mean that the output which we are getting makes equal to the input which we were invested it's maintains the equilibrium and gives us more profit