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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 ______.

A. prisoners' dilemma
B. oligopoly price-fixing game
C. kinked demand curve model
D. dominant firm oligopoly

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Colin Sampaleanu

Colin Sampaleanu

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.