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Basic Question 12 of 17

Collusion results in ______.

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 just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

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.