Question
Explain producer's equilibrium with the help of a table.
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| Items | Weight | Price in 2015 (₹) | Price in 2016 (₹) |
| A | 10 | 100 | 161 |
| B | 7 | 200 | 210 |
| C | 15 | 50 | 60 |
| D | 9 | 20 | 30 |
| E | 10 | 10 | 14 |
| Quantity Sold | TR (₹) | TC (₹) | Profit (₹) |
| 0 | 0 | 5 | |
| 1 | 5 | 7 | |
| 2 | 10 | 10 | |
| 3 | 15 | 12 | |
| 4 | 20 | 15 | |
| 5 | 25 | 23 | |
| 6 | 30 | 33 | |
| 7 | 35 | 40 |
| X series | Y series | |
| Mean | 15 | 28 |
| Sum of squares of deviation | 144 | 225 |
| X | $12$ | $10$ | $8$ | $10$ | $11$ | $9$ | $15$ |
| Y | $26$ | $20$ | $24$ | $20$ | $18$ | $22$ | $20$ |
| Output (Units) | Total Cost (₹) | Average Variable Cost (₹) | Marginal Cost (₹) | Average Fixed Cost (₹) |
| 0 | 30 | - | - | - |
| 1 | - | - | 20 | - |
| 2 | 68 | - | - | - |
| 3 | 84 | 18 | - | - |
| 4 | - | - | 18 | - |
| 5 | 125 | 19 | - | 6 |