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A firm can quit the industry …

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A firm can quit the industry in the short run also. Is it true

Posted by Tiya Yadav 7 years, 11 months ago

CBSE > Class 12 > Economics

4 answers

Ayushi Singh 7 years, 11 months ago

Yes it happens in perfect competition market... When it suffers from loss

Vaidehi Saraf 7 years, 11 months ago

Yes, it is possible if the firm suffers loss

Mikun Mk 7 years, 11 months ago

Yes if it is earning loss

Rahul Jain 7 years, 11 months ago

Yeah

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