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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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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

explain supply and demand relationships under oligopoly, including the optimal price and output for firms as well as pricing strategy

CFA® 2025 Level I Curriculum, Volume 1, Module 1.