If a new entrant (or an established firm) wants to leave a contestable market,

a. all, or nearly all of, the invested capital values can be recovered.
b. another firm will always enter to take its place.
c. it must accept large losses in its capital investment, so it is unlikely to exit.
d. its leaving will be contested by regulators in the market who seek to prevent exit.

A

Economics

You might also like to view...

The above table describes the accounts for the country of Pacifica. Using this information, net exports for Pacifica equals

A) $100. B) $900. C) -$100. D) $650.

Economics

Estimates of the North American Native American population in 1491:

a. range in hundreds of billions. b. range in the hundreds of thousands. c. range in the millions. d. range in the tens of thousands.

Economics