How do monopolies affect the price of goods? Monopolies always result in lower consumer prices.

Monopolies can lower and raise their prices at will.

Monopolies always result in higher consumer prices.

Monopolies have no effect on the cost of goods.

B

Explanation:

Monopolies can change the prices however they want at any time.

They don't ALWAYS result in higher or lower prices and they DO have a big effect on the cost of goods.

So, B is the right answer.

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