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Condition of producer equilibrum tell please

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Condition of producer equilibrum tell please

    • Posted by Komal Chhikara 7 years, 1 month ago

    CBSE > Class 12 > Economics
    • 2 answers

    Vrinda Agrawal 7 years, 1 month ago

    There are mainly two conditions for producer equilibrium are mr=mc and mc is rising

    1Thank You

    Jyotsna Pandey 7 years, 1 month ago

    Producer's Equilibrium: Equilibrium refers to a state of rest when no change is required. A firm (producer) is said to be in equilibrium when it has no inclination to expand or to contract its output. This state either reflects maximum profits or minimum losses.

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