Academic Writing

Closed

The goal of every firm that produces goods and services is to make profit. Some people argue that when a firm starts earning negative profit it should stop producing or selling (good and services) and leave the market as soon as possible. However, other believe that even though the firm is earning negative profit, it should not exit the market immediately. Why do think? Should firm leave the market when it starts earning negative profit (related to marginal cost and variable cost)? Why or Why not. Provide more arguments to convince your readers. (250 words)

Skills: Management, Research Writing

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