- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 9. The Firm and Market Structures
- Subject 4. 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.
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