1. Describe the conditions under which a market is contestable. 2. State the conclusions of contestable market...
Question:
2. State the conclusions of contestable market theory.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (18 reviews)
1 A contestable market is one where there is extremely easy entry into ...View the full answer
Answered By
Collins Omondi
I have been an academic and content writer for at least 6 years, working on different academic fields including accounting, political science, technology, law, and nursing in addition to those earlier listed under my education background.
I have a Bachelor’s degree in Commerce (Accounting option), and vast knowledge in various academic fields Finance, Economics, Marketing, Management, Social Science, Women and Gender, Business law, and Statistics among others.
4.80+
4+ Reviews
16+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
Write a paragraph in which you describe the conditions under which a Web site could become profitable by relying exclusively on advertising revenue. In a second paragraph, provide an example of a...
-
Describe the conditions under which a firm can change one of its accounting principles. What is the preferred accounting treatment for a change in accounting principle? List the relevant paragraphs...
-
Describe the conditions under which a common resource is used efficiently.
-
QI: Obtain the closed loop transfer function for the system whose block diagram is shown in fig.(1) 3 Y(s) 2 +. X(s) s+2 s+2 s+2 Fig. (1)
-
Does a statistics course improve a students mathematics skills, as measured by a national test? Suppose a random sample of 13 students takes the same national mathematics examination just prior to...
-
For safekeeping, Kula deposited $18,300 with the cashier of a Nevada hotel casino and was given a receipt for the money. Kula and a friend, Goldfinger, gambled in the hotels casino. (Casino gambling...
-
What is the most important feature of a driving point FRF?
-
Assume Frozen Foods of Maine, Inc., completed the following transactions during 2012, the companys 10th year of operations: Requirement 1. Analyze each transaction in terms of its effect on the...
-
ACME Inc. has current assets of $450,000 and capital assets of $630,000. Its budgeted production volume for the next fiscal year is 200,000 units. Fixed costs are projected at $400,000 and variable...
-
You are a financial analyst at a firm that has been returning cash to shareholders through stock repurchases. You want to determine how the level of repurchases will vary as a function of the sales...
-
1. Explain why economists use game theory. 2. Give an example of a game theory that illustrates a case where individually rational behavior leads to a jointly inefficient outcome. 3. Explain under...
-
Diagrammatically represent the quantity of output a monopolistic competitor produces and the price per unit it charges.
-
MBI is a manufacturer of personal computers. All its personal computers use a hard disk drive which it purchases from Ynos. MBI operates its factory 52 weeks per year, which requires assembling 100...
-
Here is a question that a panel of judges decided: Can a company patent how it makes a peanut butter and jelly sandwich? More specifically, in this instance, judges considered whether J. M. Smuckers...
-
What is meant by a free variable? Give examples of free variables.
-
You are asked to design a cooking pan for camping. What constraints would you apply in selecting a material for the pan? What objectives would you use to rank the materials that meet the constraints?
-
Launched in 2012, GoldieBlox is a toy company that introduces girls to the engineering field. Debbie Sterling, an engineering student at Stanford University, launched the firm. She did so because of...
-
What is meant by an objective and what by a constraint in the requirements for a design? How do they differ? How are they used?
-
In order to find the diameter d (in cm) of a helical spring subject to given forces, it is necessary to solve the equation 64d 3 144d 2 + 108d 27 = 0. Solve for d.
-
Using the information in P11-2B, compute the overhead controllable variance and the overhead volume variance. Data From Problem 11-2B: Huang Company uses a standard cost accounting system to account...
-
In ancient Greece, why was gold a more likely candidate for use as money than wine was?
-
In ancient Greece, why was gold a more likely candidate for use as money than wine was?
-
Was money a better store of value in the United States in the 1950s than it was in the 1970s? Why or why not? In which period would you have been more willing to hold money?
-
12. An amusement park ride swings riders around a 25 meter radius circle at a speed of 16 m/s. What is the centripetal acceleration in meters per second-squared felt by each rider? (Answer with 3...
-
For the image matrix given , use the Sobel horizontal edge detector to 1 2 -2 detect horizontal edges. Sobel matrix for horizontal edges is 0 0 104
-
What role does a resource allocation graph play in identifying potential deadlocks, and how can it be utilized to devise strategies for deadlock prevention ?
Study smarter with the SolutionInn App