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Basic Question 10 of 17

Which equilibrium has the highest price?

A. Competitive market equilibrium
B. Cournot equilibrium
C. Monopoly equilibrium
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User Contributed Comments 2

User Comment
bidisha just remember the graph from the reading...monopolistic was at the top
fzhou Note that cournot is duopoly - duopoly vs. monopoly lol
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Colin Sampaleanu

Colin Sampaleanu

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.