Economics B A-Level
Market exit
What Market exit means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Market exit
Check what you remember
Read the wording for your board, then hide it and explain Market exit in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Firms leaving a market in response to a loss (subnormal profit), which reduces market supply and can push prices back up for the remaining firms.
Topics that use Market exit
- Profit and loss (Pearson Edexcel A-Level)
Related terms
- Financial performance
- Gross profit margin
- Market entry
- Operating profit
- Operating profit margin
- Profit for the year margin
- Profitability
- Revenue and costs
Using Market exit in the exam
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