Brainscape's Knowledge GenomeTM


Top Flashcards (Certified)
All Flashcards

A-Level Economics - Context > Context for Oligopolies and Contestability > Flashcards

Context for Oligopolies and Contestability Flashcards

(1 cards)

Start Studying
1
Q

Example of contestability impacting incumbent firms?

A

LIDL joining supermarket and offering lower prices - undercutting other firms

How well did you know this?
1
Not at all
2
3
4
5
Perfectly

A-Level Economics - Context (9 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions