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Basic Question 12 of 17
Collusion results in ______.
B. more competition, higher prices, and higher profits
C. less competition, higher prices, and higher profits
A. less competition, lower prices, and higher profits
B. more competition, higher prices, and higher profits
C. less competition, higher prices, and higher profits
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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.