What do you mean by the rational producer????????? – InterviewSolution

1.	What do you mean by the rational producer?????????
Answer» Hey MATE here is your ANSWER... ........ In TERMS of economics, a rational producer is the one who aims at maximisation of profit. TECHNICALLY, a rational producer operates in the stage of 'diminishing returns to a factor' where the FIXED factor is fully utilised and the efficiency of the factors is the maximum.

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