question archive A good example of a monopolistic competitive industry is: A
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A good example of a monopolistic competitive industry is:
A. the U.S. auto industry.
B. the computer game industry.
C. mining.
D. the public utility industry.
The answer to this question is:
B. the computer game industry.
Computer game industry has characteristics of monopolistic competition, that is, there are many sellers in the computer game industry, there is a freedom of entry and exit, and products are differentiated.