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If the number of firms in a monopolistically competitive industry increases and the degree of product differentiation diminishes,
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Money, time, or resources given to support a cause, organization, or project.
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Regular payments made once a month, often in the context of repaying loans or mortgages.
Borrow
The action of receiving something from another party with the intention of returning it or its equivalent at a later date.
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A series of equal payments made at regular intervals over a specified period of time, with interest compounding at the end of each period.
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