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What are the 2 situations for …

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What are the 2 situations for producer equilibrium? & 2 Situation for consumer equilibrium ?
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Elis Pandit 7 years, 11 months ago

Producers equilibrium - 1 MR=MC 2MC starts increasig after above condition Consumers equilibrium In 2 commodity case MUx/MUy=Px/Py MU must falls
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