Which method of finding equilibrium of firm (TR/TC or MR/MC) is superi – InterviewSolution

1.	Which method of finding equilibrium of firm (TR/TC or MR/MC) is superior and why?
Answer» Both methods are used for finding the equilibrium of the firm. The TR / TC method is a simplified method whereas MR/MC method is considered as the best method because the quantity of production and maximum profit can be easily determined by it.

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