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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
Normal profits occur when:
  • A
    AR > AC
  • ✓
    AR = AC
  • C
    AR < AC
  • D
    TR > TC
✓

Answer

Correct option: B.
AR = AC
(b)

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