The main reason firms may exit a market is because
The main reason firms may exit a market is because of:
the lack of economic profits.
decreased technology.
expensive labor.
high capital costs.
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for given input prices more expensive bundles of inputs are associated witha isocosts farther from the originb isocosts
the main reason firms may exit a market is because ofthe lack of economic profitsdecreased technologyexpensive
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the market supply curve is the curve that summarizesthe total quantity producers are willing and able to produce at
suppose the marginal product of capital is 16 and the marginal product of labor is 3 if the price of capital is 4 and
other things held constant consumer surplus decreases asthe price of a good decreasesthe price of a good increasesthe
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