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प्रश्न
When will a profit-maximising firm decide that it has reached its equilibrium level of output?
पर्याय
When MR is greater than MC
When MR is less than MC
When MR is equal to MC
When TR is equal to TC
MCQ
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उत्तर
When MR is equal to MC
Explanation:
At MR = MC, producing one more or one less unit would not increase profit, so the firm is in equilibrium.
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