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MICROECONOMICS CH : 10 PRODUCER'S EQUILIBRIUM — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 10 PRODUCER'S EQUILIBRIUM1 Mark
MCQ
In the context of producer's equilibrium, which one is wrong?
  • ✓
    Minimum difference between TR and TC
  • B
    MR = MC
  • C
    Producer gets maximum profit
  • D
    In equilibrium situation, producer has no tendency to change his production
✓

Answer

Correct option: A.
Minimum difference between TR and TC
(a)

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