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Question: Monopoly is characterized by an absence of or decline in competition . The ABC Company realizes that its operations are in competitive industries. Which of the following conclusions may be inferred from the above ?
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Question: Monopoly is characterized by an absence of or decline in competition . The ABC Company realizes that its operations are in competitive industries. Which of the following conclusions may be inferred from the above ?
Question 1: Monopoly is characterized by an absence of or decline in competition . The ABC Company realizes that its operations are in competitive industries. Which of the following conclusions may be inferred from the above ?
View topic: বিবিধ সমস্যা (Miscellaneous Problem)
ABC's market is not monopolistic
Monopoly is defined as one seller in a market
The ABC Company has no domestic competitors
The ABC Company is publicly own
Source: Bangladesh Bank - Assistant Director - 2011
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Answer: ABC's market is not monopolistic
Explanation:
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