Question
Explain what happens to the profits if output level is below the equilibrium level.
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|
Income (in ₹)
|
800
|
1000
|
1200
|
1400
|
1600
|
1800
|
|
No. of Persons
|
16
|
24
|
26
|
30
|
20
|
5
|
|
Marks
|
0-10
|
10-20
|
20-30
|
30-40
|
40-50
|
50-60
|
|
Number of students
|
5
|
10
|
25
|
30
|
20
|
10
|
|
Marks
|
More than 0
|
More than 10
|
More than 20
|
More than 30
|
More than 40
|
More than 50
|
|
Number of Students
|
50
|
42
|
38
|
28
|
16
|
3
|