question archive The goal of every firm that produces goods and services is to make profit
The goal of every firm that produces goods and services is to make profit
Subject:EconomicsPrice: Bought3
The goal of every firm that produces goods and services is to make profit. Some people arguethat when a firm starts earning negative profit it should stop producing or selling (good andservices) and leave the market as soon as possible. However, other believe that even though thefirm is earning negative profit, it should not exit the market immediately. Why do think? Shouldfirm leave the market when it starts earning negative profit? Why or Why not. Provide morearguments to convince your readers.
