Respuesta :
When businesses are losing money, some will shut down. As a result, the total supply of commodities is decreased. Assuming constant demand, the equilibrium price will increase.
The revenue of the remaining businesses will increase due to the higher price, lowering the overall economic loss.
This will go on until all currently operating businesses provide no economic profit.
People and corporations frequently deal with situations or occurrences that result in financial loss. Loss in the economy is what this is. But what exactly is economic loss?
The financial loss or loss of money resulting from conditions other than those involving bodily injury is a straightforward definition of economic loss.
A company or person can often see their financial statements to ascertain their entire economic loss for a specific time period. Economic loss can be broadly defined as any loss or damage to tangible property, loss or unexpected expenditure of tangible money, or even the loss of time or the opportunity to generate money.
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