Question: 9. Contestable markets True or False: A market with only a few firms in operation can be a competitive, contestable market. O True C)

9. Contestable markets True or False: A market with only a few firms in operation can be a competitive, contestable market. O True C) False The contestable market model has important policy implications. If there is concern that a market is not sufficiently competitive, what can policymakers do to increase competition in a given industry? Check all that apply. Increase entry barriers Increase the amount of regulation Decrease entry barriers

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