At a certain level of output , the marginal cost ofa firm is above its marginal revenue. Can this be its equilibrium output ?

At a certain level of output , the marginal cost ofa firm is above its

1.	At a certain level of output , the marginal cost ofa firm is above its marginal revenue. Can this be its equilibrium output ?
Answer» SOLUTION :No, it cannot be its EQUILIBRIUM output becasuse the MARGINALCOST EXCEEDS themarginal revenue. The firm is runningat a LOSS.