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Basic Question 4 of 17
A model in which one firm acts like a monopoly and the other firms act like perfectly competitive firms is the ______.
B. oligopoly price-fixing game
C. kinked demand curve model
D. dominant firm oligopoly
A. prisoners' dilemma
B. oligopoly price-fixing game
C. kinked demand curve model
D. dominant firm oligopoly
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
explain supply and demand relationships under oligopoly, including the optimal price and output for firms as well as pricing strategy
CFA® 2024 Level I Curriculum, Volume 1, Module 1.