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Basic Question 11 of 17
The incentive to collude is based on ______.
II. equity
III. allocative efficiency
I. profits
II. equity
III. allocative efficiency
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
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.