sarahjanelargee987 sarahjanelargee987
  • 24-08-2018
  • Business
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Governments do not usually regulate monopolistically competitive industries because:

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shagojyo
shagojyo shagojyo
  • 24-08-2018

Governments do not usually regulate monopolistically competitive industries because: the cost of regulation may be higher than the deadweight loss.

Some examples of monopolistically competitive industries include:

Hotels

Restaurants

Taverns or bars

Services for the consumers such as a haircut, pedicure, etc.

Retails that specialize in a certain product

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