Economics A-Level

Market contestability

What Market contestability means in Economics A-Level, as defined for AQA.

Definition of Market contestability

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Reference: AQA

The extent to which new firms can enter and leave a market without facing significant sunk costs.

AQA · Contestable and non-contestable markets

Topics that use Market contestability

Contestable and non-contestable markets (AQA A-Level)

Related terms

Using Market contestability in the exam

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