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Question:
Under what conditions will a firm exit a market? Explain. Find an article that addresses the announcement that a firm is leaving a market. Explain the conditions for the departure within the context of the article.
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The solution explains the reason for the market exit of a firm, i.e. the losses due to continuous production with an average higher cost than that of the sales.Resulting in losses to the firm.It is explained with the article (as asked in the assignment comment) in the reference in the context of the forest industry of Alabama.This is an original work and is not copied from any source.Plagiarism and Grammar were checked with Grammar.
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