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 ?
From the given information, the following conclusion can be inferred:
A. ABC's market is not monopolistic.
The statement mentions that the ABC Company realizes that its operations are in competitive industries, indicating that there is competition in ABC's market. Therefore, it can be concluded that ABC's market is not monopolistic.
Option B cannot be inferred from the given information because it doesn't provide any indication of the number of sellers in the market.
Option C cannot be inferred from the given information because it doesn't provide any information about domestic competitors.
Option D cannot be inferred from the given information because it doesn't provide any information about the ownership structure of the ABC Company.
Option E cannot be inferred from the given information because it doesn't provide any information about the industry in which the ABC Company operates.
Therefore, the only conclusion that can be inferred is:
A. ABC's market is not monopolistic.
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