Question:
What can the Threat of Contestable Rivals do to Incumbent Firms?
Author: eric_galvaoAnswer:
-Incumbent Firms will try to Set Prices that will not lead to Vast Supernormal Profit in order to not Incentivise Competition in the Industry
0 / 5 Â (0 ratings)
1 answer(s) in total
Author
eric_galvao