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Explain mr mc approach

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Explain mr mc approach

    • Posted by Monika Bhartiya 7 years, 8 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Hsjsd Jsjsjs 7 years, 8 months ago

    According to MR=MC approach, the producer strikes equilibrium when two conditions are satisfied : 1. MR=MC 2. MC should be rising at next level of output

    0Thank You

    Riya Goyal 7 years, 8 months ago

    Acc to MR -MC approach,producer's equilibrium will be at equilibrium when:MR IS EQUAL TO MC nd when MR IS GREATER AFTER MR IS EQUAL TO MC

    0Thank You

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