If Microsoft is in a(n)_____ market for computer software, it will not behave as though it is a monopoly even though it is the only firm in the market.

Question

Quizplus · Accepted Answer

In a contestable market, entry and exit are easy, and the threat of potential competition can limit the behavior of the existing firm, making it behave more competitively even if it's the only firm currently in the market.

If Microsoft Is in A(n)_____ Market for Computer Software, It