For each of the pairs below, determine which business is more likely to operate in a contestable
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For each of the pairs below, determine which business is more likely to operate in a contestable market, and explain why.
a. The only clothing store in a small town vs.
the only natural gas provider in a small town
b. The only clothing store in a small town vs. the only cable TV provider in a small town (What recent technologies makes b different from a?)
c. De Beers diamond mining vs. H&R Block tax preparation services: nj65
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