Break- Even Point Equilibrium of a Firm, Assignment Help

Economics >> Microeconomics >> Break- Even Point Assignment Help

Break- Even Point: Equilibrium of a Firm

Equilibrium of a firm is a point where a firm earns maximum profit and wants to continue on that point forever. There are two approaches to explain equilibrium of a firm i.e.

• Marginal Revenue and Marginal Cost Curve Approach
• Total Revenue and Total Cost Curve Approach

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