Study Presentations
Revision Presentation on Contestable Markets
- Level:
- A Level
- Board:
- AQA, Edexcel, OCR, IB
Last updated 21 Mar 2021
How does the threat of competition affect a firm’s behaviour?
This revision presentation looks at the economics of contestable markets
Students should be able to:
- Understand the characteristics of this market structure with particular reference to the interdependence of firms
- Explain the behaviour of firms in this market structure
- Explain reasons for collusive and non-collusive behaviour
- Evaluate the reasons why firms may wish to pursue both overt and tacit collusion
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