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What happens in a decreasing-cost industry when some firms leave and the industry's output contracts?
Operating Activities
Activities that relate to the primary operations of a company, such as sales and production, and their effects on cash flow.
Fixed Asset Turnover Rate
A ratio that measures how efficiently a company uses its fixed assets to generate sales.
Total Asset Turnover Rate
A financial ratio that measures the efficiency of a company's use of its assets to generate sales, calculated as sales divided by total assets.
Net Fixed Assets
The value of a company's fixed assets minus depreciation, representing the actual usable value of physical assets.
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