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When MR is less than MC …

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When MR is less than MC what do by producer to mixmume his profit?

    • Posted by Nitasha Yadav 7 years, 2 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Deepak Kumar 7 years, 2 months ago

    MR < MC , it is the situation of loss.

    0Thank You

    Samira . 7 years, 2 months ago

    This is a case of subnormal profit . Proper methods / plans should be made by company to overcome its losses . So that its marginal revenue increases . This should be done till MR becomes equal to MC.

    3Thank You

    ANSWER
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