Subjective Questions on In the following table find out the level of output at which the producer will be in equilibrium Giv........... for Commerce 12th Preparation

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Subjective Questions

In the following table find out the level of output at which the producer will be in equilibrium Giv...........

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    In the following table, find out the level of output, at which the producer will be in equilibrium. Give reason for your answer.   (3 marks)

    Output (units) 1 2 3 4 5
    Marginal Revenue (Rs) 8 8 8 8 8
    Marginal Cost (Rs) 10 8 7 8 9
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    By: santosh
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