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Discussion

In the following question, a statement/group of statements is given followed by some conclusions. Without resolving anything yourself, choose the conclusion which logically follows from the statement(s).

Statement - Oligopoly is characterised by presence of competition.

The 5G broadband services are provided only by Company X.

  • A.The X company is a corrupt company.
  • B.The X company is publicly owned.
  • C.The X company’s market is monopolistic.
  • D.The X company has many competitors.

Answer: C

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