Question

One of the requirements for a monopoly is that​

Answer 1

Answer:

I don't know the answer statment

Answer 2

Explanation:

Three conditions characterize a monopolistic market structure. First, there is only one firm operating in the market. Second, there are high barriers to entry. These barriers are so high that they prevent any other firm from entering the market. Third, there are no close substitutes for the good the monopoly firm produces.