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1.5.9 Contestable and non-contestable markets (A-level only)
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What makes a market contestable?

What makes a market contestable?

A contestable market has low barriers to entry and exit. Existing firms are disciplined by the credible threat of new competition, even if no new firm has entered.

1.5.9 Contestable and non-contestable markets (A-level only) Lesson

  1. A Level
  2. /Economics
  3. /1.5.9 Contestable and non-contestable markets (A-level only)

Step-by-step lessons covering AQA A Level Economics 1.5.9 Contestable and non-contestable markets (A-level only) for A Level Economics. Each lesson works through exam-style questions in Paper 1, Paper 2 and Paper 3 format. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.