MCQ
TR > TC is a situation of:
- Anormal profits
- Brising profits
- ✓abnormal profits
- Dfalling profits
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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 ________________ .
| Production of Cricket Bats (in thousand) | 0 | 1 | 2 | 3 | 4 | 5 |
| Production of Sarees (in lakh) | 75 | 70 | 62 | 50 | 30 | 0 |