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The theory of contestable markets

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__________ yields the same results as the theory of perfect competition, but requires substantially fewer assumptions than the perfectly competitive model.

Baumol's sales maximization hypothesis

The Pareto optimality condition

The Cournot model

The theory of contestable markets

none of the above

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The theory of contestable markets yields the same results as the theory of perfect competition, but requires substantially fewer assumptions than the perfectly competitive model. ...

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The theory of contestable markets is summarized.

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