Define monopolistic competitio. What characteristics characterise monopolistic competition

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Q: D) Yield on the vertical axis and term to maturity on the horizontal axis

A: Yield curve is a graphical representation of the interest rate on debt for a range of maturities .

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Q: (c) Find the marginal products of capital and food.

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A: GDP that is saved rather than spent in an economy is known as the national savings rate.  It is…

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A: AE or Allocative efficiency refers to the ability of farmers in efficiently allocating the resources…