What does contestable market mean?
Definitions for contestable market
con·testable mar·ket
This dictionary definitions page includes all the possible meanings, example usage and translations of the word contestable market.
Wikipedia
Contestable market
In economics, the theory of contestable markets, associated primarily with its 1982 proponent William J. Baumol, holds that there are markets served by a small number of firms that are nevertheless characterized by competitive equilibria (and therefore desirable welfare outcomes) because of the existence of potential short-term entrants.
Numerology
Chaldean Numerology
The numerical value of contestable market in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of contestable market in Pythagorean Numerology is: 4
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"contestable market." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/contestable+market>.
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