What are the types of monopoly of the following products or services a – InterviewSolution

1.

What are the types of monopoly of the following products or services and give reason. (1) Tea in Assam, (2) Atomic energy, (3) Logo of a commercial bank

Answer»

Product / Service	Types of Monopoly	Reason due to
Tea in Assam	Natural Monopoly	suitable climatic conditions and hilly regions of Assam.
Atomic energy	Public Monopoly	Atomic energy is owned and controlled by the government.
Logo of a Commercial Bank	Public Monopoly	Commercial Banks are owned and controlled by the government.

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