In a perfectly competitive market, if market price is higher than the average total cost of production, radio_button_unchecked new firms will enter the industry radio_button_unchecked firms will incur losses in the long run radio_button_unchecked firms will have negative profits in the long run radio_button_unchecked firms will exit the industry SUBMIT

Increases in output and increases in the inflation rate have been linked to

Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.

Warren company plans to depreciate a new building using the double declining-balance depreciation method. the building cost $870,000. the estimated residual value of the building is $57,000 and it has an expected useful life of 20 years. assuming the first year's depreciation expense was recorded properly, what would be the amount of depreciation expense for the second year?