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Basic Question 4 of 17
A model in which one firm acts like a monopoly and the other firms act like perfectly competitive firms is the ______.
B. oligopoly price-fixing game
C. kinked demand curve model
D. dominant firm oligopoly
A. prisoners' dilemma
B. oligopoly price-fixing game
C. kinked demand curve model
D. dominant firm oligopoly
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
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.