CFA Practice Question

There are 539 practice questions for this study session.

CFA Practice Question

Which equilibrium has the highest price?

A. Competitive market equilibrium
B. Cournot equilibrium
C. Monopoly equilibrium
Correct Answer: C

Monopoly equilibrium has the highest price and lowest output level.

User Contributed Comments 2

User Comment
bidisha just remember the graph from the reading...monopolistic was at the top
fzhou Note that cournot is duopoly - duopoly vs. monopoly lol
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