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:

