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Theory of consumer behaviour — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsTheory of consumer behaviour1 Mark
Question
In the context of producer’s equilibrium which one is wrong:
  1. Minimum difference between TR and TC.
  2. MR=MC.
  3. Producer gets maximum profit.
  4. In equilibrium situation producer has no tendency to change his production.
✓

Answer

  1. Minimum difference between TR and TC.

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