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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
E. None of these
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সঠিক উত্তরঃ A. XYZ's market is not monopolistic
Explanation: