Manily luxury goods industries.
The industries that are mostly under monopoly are the luxury goods industries where the sellers can ask any amount of money for the goods like paintings that are sold for huge amounts.The government doesnot let the sellers charge more than the cost of production in case of necessary goods and hence perfect competition prevails in the necessary goods industry.
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Manily luxury goods industries.
The industries that are mostly under monopoly are the luxury goods industries where the sellers can ask any amount of money for the goods like paintings that are sold for huge amounts.The government doesnot let the sellers charge more than the cost of production in case of necessary goods and hence perfect competition prevails in the necessary goods industry.
Previous answers to this question
This is a preview of an assignment submitted on our website by a student. If you need help with this question or any assignment help, click on the order button below and get started. We guarantee authentic, quality, 100% plagiarism free work or your money back.
Get The Answer