Question

Under what conditions will a firm exit a market? Explain

Answer 1

(^O^)❤HEYY MATE❤


(^O^)❤HERE'S YOUR ANSWER❤

The firm exits if total revenue is less than total cost. ( Exit if TR < TC) 
A firm choose to exit if the price of its good is less than the average total cost of production ( Exit if P < ATC)