Question

when does a profit-maximizing competitive firm decide to shutdown? when does it decide to exit a market?

Answer 1

Answer:

may be help

Explanation:

In the short run, a firm that is operating at a loss (where the revenue is less that the total cost or the price is less than the unit cost) must decide to operate or temporarily shutdown. The shutdown rule states that “in the short run a firm should continue to operate if price exceeds average variable cost

Answer 2

HERE IS YOUR ANSWER. XD ☝☝☝

HOPE ITS HELPFULL FOR U➖✌

☝THNX☝