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 ?

A ABC's market is not monopolistic
B Monopoly is defined as one seller in a market
C The ABC Company has no domestic competitors
D The ABC Company is publicly own

Correct Answer: ABC's market is not monopolistic

Bissoy MCQ
#গণিত #Bangladesh Bank #Bangladesh Bank - Assistant Director - 2011

Related Questions

Monopoly is characterized by an absence or decline in competition. XYZ Corporation realizes that its operations are in competitive industries. Which of the following conclusions may be inferred from the above?
A XYZ's market is not monopolistic
B Monopoly is defined as one seller in the market
C XYZ Corporation has no domestic competitors
D All of the above
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A iও ii
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