MCQ
In the context of producer’s equilibrium which one is wrong:
- ✓Minimum difference between $TR$ and $TC$.
- B$MR=MC$.
- CProducer gets maximum profit.
- DIn equilibrium situation producer has no tendency to change his production.
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| Price (₹) | Demand (Units) |
| 10 | 5 |
| 5 | 8 |
On the basis of the above-mentioned information answer the following question:
The given situation in the above table is called ________________ .