Which of the first order condition for the profit of a firm be maximum?

June 20, 2021 – by admin

Question:

Which of the first order condition for the profit of a firm be maximum?

A.

AC = MR

B.

MC = MR

C.

MR = AR

D.

AC = AR

Answer» b. MC = MR

Note:

The above multiple-choice question is for all general and Competitive Exams in India.