![Which is the first-order condition for the profit of a firm to be maximum?](https://www.gkseries.com/blog/wp-content/uploads/2022/09/Which-is-the-first-order-condition-for-the-profit-of-a-firm-to-be-maximum.png)
Q. Which is the first-order condition for the profit of a firm to be maximum?
- AC = MR
- MC = MR
- MR = AR
- AC = AR
Answer: MC = MR
Q. Which is the first-order condition for the profit of a firm to be maximum?
Answer: MC = MR
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