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Profit is maximum when

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Profit is maximum when

A).  TC and TR curves are parallel

B).  MC and MR curves are parallel

C).  TC and TR curves cross each other

D).  AC and AR curves cross each other


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Answered by on | Votes 0 |

 TC and TR curves are parallel



Profit is maximum when TC and TR curves are parallel. Profit becomes maximum irrespective of the market situation, when the difference between total revenue (TR) and total cost (TC) becomes the greatest.

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