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UNDERSTANDING THE CRITERIA FOR A MONOPOLY: DOES YOUR PRODUCT MEET THE CRITERIA? Use your chosen criterion from above, as the heading for the three boxes

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UNDERSTANDING THE CRITERIA FOR A MONOPOLY: DOES YOUR PRODUCT MEET THE CRITERIA? Use your chosen criterion from above, as the heading for the three boxes below. Now that your team knows the basic criteria for a monopoly, you explain exactly how the Hydro-gine fits. Write the number of each description to its proper criterion; deposit any descriptions that do not fit into the trash 1. Your company is the only one that will be selling a hydro-powered motorcycle engine. 2. The government has provided market subsidies for your product. 3. The Hydro-gine is the only engine that runs on water instead of gasoline or electricity, both of which are far more expensive than water. 4. Research and development are very time-consuming and expensive, and you have a patent on your design. 5. You have the ability to make a few different versions of the engine, so it can be installed in a variety of motorcycles

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