Which Is NOT a Factor That Increases the Contestability of Markets

question 143

Multiple Choice

Which is NOT a factor that increases the contestability of markets?

• A) Fixed costs of market entry are low, relative to potential revenue.
• B) The incumbent has no unique, hard-to-replicate resource.
• C) Consumers are not open to the prospect of dealing with a new competitor.
• D) There are few or no legal barriers to entry.

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