Day 11✅ – Producer’s Equilibrium Tr and tc approch class 12th Most imp for boards скачать в хорошем качестве

Day 11✅ – Producer’s Equilibrium Tr and tc approch class 12th Most imp for boards

Day 11 of Revision Series – Producer’s Equilibrium (TR–TC Approach) 📈 In this video, we revise Producer’s Equilibrium using Total Revenue (TR) and Total Cost (TC) approach in an easy and exam-oriented manner. 🔹 What is Producer’s Equilibrium? Producer’s equilibrium is the level of output at which a producer earns maximum profit or minimum loss. 🔹 TR–TC Approach Explained: Total Revenue (TR) = Price × Quantity Sold Total Cost (TC) = Total expenditure on production 🔹 Conditions of Producer’s Equilibrium: 1️⃣ Difference between TR and TC is maximum 2️⃣ At this level, profit is highest or loss is the least 3️⃣ Before this output, profit increases 4️⃣ After this output, profit starts decreasing 🔹 Why this topic is important? ✔ Frequently asked in Class 12 Board Exams ✔ Helps in numerical questions ✔ Forms the base of producer behaviour 📌 Watch till the end for clear concepts + quick revision 📌 Like, Share & Subscribe for daily Economics revision