Edexcel A-Level Economics A2 3.3.3 8a Characteristics of Contestable Markets Questions

Analyse contestability through entry and exit barriers, sunk costs, incumbent responses and the threat of hit-and-run competition.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
A2

Exam points

  • explain reduced contestability by linking extracts to higher entry barriers or sunk costs

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