What is monopolistic competition characterized by? too few firms, each producing too much too many firms, each producing too much too few firms, each producing too little too many firms, each producing too little

Q: complete all please! thank you Part I - Definitions 1. Define Autonomous Aggregate Expenditure…

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A: PLEASE FIND THE ANSWER BELOW.

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A: In the short run atleast one input is fixed and in the long run all inputs are variable.

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A: Calculation of depreciation rate: Depreciation rate = 100%Useful life ×2=100%10x 2=20%

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A: The correct answer is given in the second step.

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A: All part of answers given below,

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Q: Suppose that the monopolist can produce with total cost: TC = 20Q. Assume that the monopolist sells…

A: MONOPOLIST is a firm or market that control all of the market for a particular good or services.