Page 2 - H. A Producer's equilibrium
P. 2

According to Table, both the conditions of equilibrium are satisfied at 4 units of
               output.
               MC is equal to MR and MC is rising. MC is more than MR when output is produced
               after 4 units of output. So, Producer’s Equilibrium will be achieved at 4 units of
               output.
               Let us understand the determination of equilibrium ^ with the help of a diagram:
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