Which of the following is not a necessary condition for the contestable market theory?
A)There are no barriers to entry.
B)Exit from an industry is costless.
C)All firms in an industry have the same costs of production.
D)All of the above are necessary conditions.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is not a necessary condition for the contestable market theory?
A)There are no barriers to entry.
B)Exit from an industry is costless.
C)All firms in an industry have the same costs of production.
D)All of the above are necessary conditions.

Which of the Following Is Not a Necessary Condition for the Contestable