A firm maximize its profit when tr=tc true/false - Accountancy - Bank Reconciliation Statement

Question

A firm maximize its profit when tr=tc true/false

Komal Rani · Accepted Answer

Dear Student FalseA firm produces more of a commodity even when
price is reducing only in a situation when it finds that the
difference between TR and TC is increasing, so that its total
profit (TR - TC) is rising, It will stop production when profit is
maximum or when the difference between TR and TC is maximum Regards