- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 1. The Firm and Market Structures
- Subject 8. Oligopoly
CFA Practice Question
The incentive to collude is based on ______.
II. equity
III. allocative efficiency
I. profits
II. equity
III. allocative efficiency
Correct Answer: I only
Profits are the motivation behind collusion.
User Contributed Comments 0
You need to log in first to add your comment.