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Author Question: Economic losses in an industry are a signal that (Read 92 times)

dekbert

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Economic losses in an industry are a signal that
◦ the economy is in a recession.
◦ all of the firms should leave the industry.
◦ too few resources are allocated to the industry.
◦ a government subsidy is necessary.
◦ will lead resources to leave the industry (until the losses disappear).


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Marked as best answer by dekbert on Oct 12, 2022

avelasquez

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dekbert

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)


jomama

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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