

MCQOPTIONS
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1. |
A market is defined as perfectly contestable if ? |
A. | entry to it is costly but exit from it is costless |
B. | entry to it and exit from it are both costless |
C. | entry to it and exit from it are both costly |
D. | entry to ti costless but exist from it is costly |
Answer» C. entry to it and exit from it are both costly | |