What conditions must hold if a profit maximising firm produces positive output in a competitive market ?

What conditions must hold if a profit maximising firm produces positiv

1.	What conditions must hold if a profit maximising firm produces positive output in a competitive market ?
Answer» <html><body><p></p>Solution :(i) MR = MC ` "" ` (ii) MC <a href="https://interviewquestions.tuteehub.com/tag/gt-1013864" style="font-weight:bold;" target="_blank" title="Click to know more about GT">GT</a> MR after equilibrium <br/> (iii) In the short <a href="https://interviewquestions.tuteehub.com/tag/run-1192138" style="font-weight:bold;" target="_blank" title="Click to know more about RUN">RUN</a>, `P <a href="https://interviewquestions.tuteehub.com/tag/ge-1003146" style="font-weight:bold;" target="_blank" title="Click to know more about GE">GE</a> AVC` and In the long run `P ge AC`.</body></html>