An industry is in ________ if firms have an incentive to enter or exit in the ________ run.

A monopoly produces and sells 300 units of its product for $8 per unit. If the total cost incurred by the monopoly is $1,800, determine its profit or loss

What will be an ideal response?

During the Great Depression, the money supply fell 28%. During that same time, the monetary base ____ and the currency-to-deposit ratio and reserve-to-deposit ratios both _____

a. rose; fell b. rose; rose c. fell; rose d. fell; fell