What is the role of timing in deciding to enter or exit a, Microeconomics

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What is the role of timing in deciding to enter or exit a

Question - What is the role of timing in deciding to enter or exit a market? Firms decide to enter a market based on current and historical information, but time lags can change the economic environment. What are the risks a firm faces in deciding to enter or exit a market? Again, use examples from current economic events or events. Apply your statements to these events.

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