Entry to and exit from a(n) ________ market are ________.

[dalyningkenk]

Question 1

A market is defined as contestable if entry to it

◦ is easy, but exit from it is difficult.
◦ is difficult, but exit from it is easy.
◦ and exit from it are both difficult.
◦ and exit from it are both easy.

Question 2

Entry to and exit from a(n) ________ market are ________.

◦ oligopolistic; easy
◦ perfectly competitive; difficult
◦ contestable; difficult
◦ contestable; easy

[Tonyam972]

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[dalyningkenk]

Thanks

[Tonyam972]

Welcome