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3.4.7 Contestability

A [     ] is disciplined by the threat of new entry, not the number of existing firms.

A

concentrated market

B

contestable market

C

competitive market

D

collusive market

3.4.7 Contestability Flashcards

  1. A Level
  2. /Economics
  3. /3.4.7 Contestability

Flashcards for Edexcel A A Level Economics 3.4.7 Contestability, covering the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3. 20 cards, matched to the Edexcel A A Level Economics (9EC0) specification.