Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 0 of 22
Which of the following is not a characteristic of an oligopoly?
B. Economies of scale
C. Differentiated products
A. Many small firms
B. Economies of scale
C. Differentiated products
User Contributed Comments 2
| User | Comment |
|---|---|
| mordja | Is there a requirement for differentiated products? |
| Xocrevilo | Differentiated products CAN be a feature of an oligopoly, but is not a necessary feature. Only A is not a necessary feature. |
I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
describe characteristics of perfect competition, monopolistic competition, oligopoly, and pure monopoly
CFA® 2025 Level I Curriculum, Volume 1, Module 1.