In a "Contestable Market" It Is Actual Entry Rather Than

question 24

True/False

In a "contestable market" it is actual entry rather than the threat of entry that keeps prices at their competitive level.

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Definitions:

Positive Deviations

Instances where outcomes exceed expectations, often resulting in benefits or advantageous results.

Sustainable Fashion

A movement and process fostering greater ecological integrity and social justice in fashion systems, emphasizing lifecycle reduction of environmental impacts.

Pop-Up Shop

A temporary retail space that opens for a short period of time to sell products or promote a brand, often to capitalize on a trend or a seasonal demand.

Fashion Footprint

The environmental and social impact of the fashion industry, including factors like resource consumption and labor conditions.