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Economics
MEDIUM
ENGLISH
Economics
A market is defined as perfectly contestable if ?
entry to it and exit from it are both costless
Correct answer
B
entry to it and exit from it are both costly
Option B
C
entry to it costless, but exit from it is costless
Option C
D
entry to it is costly, but exit from it is costless
Option D
Correct answer: A
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