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Author Question: ___________ is a process rather than an end-state, beginning with an unsatisfied need that creates ... (Read 155 times)

washai

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___________ is a process rather than an end-state, beginning with an unsatisfied need that creates tension or direction.
 
  a. Expertise
  b. Motivation
  c. Resilience
  d. Challenge

Question 2

Contestable markets can be competitive with only a few firms.
 
  Indicate whether the statement is true or false



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whitcassie

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Answer to Question 1

B

Answer to Question 2

T Entry is so easy in a contestable market that even with just one firm selling, if it sets its price too high entrants will undercut it and steal the market, or at least part of it.




washai

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Reply 2 on: Jul 1, 2018
Excellent


ecabral0

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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