Examlex
Rossby waves are also known as ____.
Contestable Market
A market where entry and exit are costless enough that companies face potential competition, leading to competitive pricing and behavior as if the market were competitive, even if it’s dominated by a few firms.
Market Entry
The strategy or process by which a company enters a new market.
Market Exit
The process of a company stopping its business operations or leaving a market, often due to unprofitability or strategic realignment.
Concentrated Industry
An industry characterized by a few firms controlling a large market share, leading to reduced competition.
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