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Byju's Answer
Standard XII
Mathematics
Fundamental Principle of Counting
A firm maximi...
Question
A firm maximises its profit when
T
R
=
T
C
.
A
True
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B
False
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Solution
The correct option is
B
False
False.
A firm maximises its profit when the difference between total revenue and total cost is maximum.
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Similar questions
Q.
Show that a perfectly competitive firm maximises its profit only when
p
r
i
c
e
=
M
C
.
Q.
A produce strikes his equilibrium when the difference between
T
R
and
T
C
is maximised.
Q.
The competitive firm maximises profit when it produces output up to the point where:
Q.
For a firm under perfect competition, profits are not maximised even when
M
R
>
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. Explain why.
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When price is less than avenge vairable cost at the profit-maximising level of output, a firm should :
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