When a market is contestable, incumbent firms must __________ to avoid the entry of new competitors? Options: A . &nbspbehave like competitive firms B . &nbspagree to act together C . &nbspdifferentiate their products D . &nbsppractice price discrimination

When a market is contestable, incumbent firms must _________

Question - When a market is contestable, incumbent firms must __________ to avoid the entry of new competitors?

Options:

A . behave like competitive firms

B . agree to act together

C . differentiate their products

D . practice price discrimination

Answer: Option A
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

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