The main reason firms may exit a market is because of: (i). The lack of economic profits.
Question:
(i). The lack of economic profits.
(ii). Decreased technology.
(iii). Expensive labor.
(iv). High capital costs.
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Main reason for leaving the market is Lack of economic profit Economic profit keeps the firm in ...View the full answer
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Related Book For 
Principles of Managerial Finance
ISBN: 978-0134476315
15th edition
Authors: Chad J. Zutter, Scott B. Smart
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