question_answer1) Explain the problem of 'how to produce.'View Answer play_arrow
|Using marginal cost and marginal revenue approach, find out the level of output at which producer will be in equilibrium. Give reasons for your answer.|
|Average Revenue (Rs.)||20||20||20||20||20||20|
|Total Cost (Rs.)||22||42||60||76||96||120|
question_answer3) An economy is in equilibrium. From the following data calculate autonomous consumption.View Answer play_arrow
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