Homework Answers
A) video game industry. ....
Because all these companies in the field provide video games services , but each have different collection of video games. Hence these are not substitute of each other but stilll creating competition, by providing different video games. That's why this market has become monopolistic competitive now a days.
These industry not have mechanism like cartels of monopoly market , in which Price are fixed, but have free market mechanism to decide prices and least barrier to free market.
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