Hi ! Studying late night...
01:23 am

Sponsor Area

Sponsor Area

Question is

From the following information about a firm, find the firms equilibrium output in terms of marginal cost and marginal revenue. Give reasons. Also find profit at this output.

Output (units)

Total Revenue (Rs.)

Total Cost (Rs.)

1

7

8

2

14

15

3

21

21

4

28

28

5

35

36

Mock Test Series

Sponsor Area

Sponsor Area

NCERT Book Store

NCERT Sample Papers

Entrance Exams Preparation