CFA Practice Question

There are 539 practice questions for this study session.

CFA Practice Question

In which of the following market structures is collusion most likely to occur?
A. Oligopoly
B. Monopolistic competition
C. Perfect competition
Explanation: Since there are only a few firms in an oligopoly, firms recognize their interdependence; this gives each firm an incentive to collude with other firms in the industry.

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