Entry to and exit from ________ market are easy.
A) an oligopolistic
B) a monopoly
C) a contestable
D) All of the above are correct.

Question

Quizplus · Accepted Answer

A contestable market is characterized by the ease with which new firms can enter and exit the market, facing low barriers or costs. This is not typically true for oligopolistic or monopolistic markets, where high barriers to entry and exit exist.

Entry to and Exit from ________ Market Are Easy