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.

The correct answer for above statement is:

B.Monopolies can lower and raise their prices at will.

Explanation:

A monopoly's potential to increase prices generally is its most critical injury to customers. Because it has no manufacturing competition, a monopoly's price is the exchange price and demand is market interest. As the sole supplier, a patent can also refuse to serve clients.

native americans

american indians have appeared on many u.s. coins including the buffalo nickel

benjamin franklin learned a lot about democracy by observing the iroquois indian

the term "indian" originated with christopher columbus. he thought that he had reached the east indies when he landed in america and therefore named the inhabitants indians.

camping

camping can relieve stress and depression

your campfire may be a hazard

long-term campsites include permanent and semi-permanent setups and can lead to closer relationships with neighboring campers

buffalo

buffalo are herbivores and feed on about 60 pounds of plant material and grasses a day.

buffalo are considered to be an adult when they reach 3 years old.

buffalo’s tail can be almost three feet long, and they use it to swap at pesky bugs.