Duopoly

Never heard about this. I really don’t understand why Schweser asks us some weird question when that is not covered in notes.

I’m guessing its a form of oligopoly where only 2 companies have control of the market?

correct

highly unlikely that you’ll see it though. was this a qbank question? probably an old concept that schweser was too lazy to update. i’m pretty unimpressed by their lack of effort at giving you a product geared toward this year’s exam. when you pay $600, you expect to get a decent product. i guess that unless you want to switch to stalla though, you don’t really have much choice…

schweser book 1 2pm exam has this