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Is the theory of the contestable market a successful synthesis of the static and dynamic views on competition?

Please answer one of the following questions: 1. “Is the theory of the contestable market a successful synthesis of the static and dynamic views on competition?” 2. “Discuss the nature and role of rationality and equilibrium in neoclassical economics.” After accepting the bid, I will provide you with a little more details like syllabus or anything needed to write the essay. There is no required amount of sources but there will need to be external sources used for the essay as well as graphs and images. Please use your judgement.