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A monopoly is a unique market structure. Which of the following characteristics are necessary for a monopoly to exist? A. Low Start-up Costs B. High Barriers to Entry C. Higher …

A monopoly is a unique market structure. Which of the following characteristics are necessary for a monopoly to exist? A. Low Start-up Costs B. High Barriers to Entry C. Higher …
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3 votes
A monopoly is a unique market structure. Which of the following characteristics are necessary for a monopoly to exist?

A. Low Start-up Costs
B. High Barriers to Entry
C. Higher Prices & Higher Quality

asked
User Finiteautomata
by
8.7k points

1 Answer

3 votes
B- High Barriers to Entry
answered
User Shubham Shukla
by
8.7k points
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