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How do monopolies affect the price of goods?

A) Monopolies always result in higher consumer prices.
B) Monopolies always result in lower consumer prices.
C) Monopolies have no effect on the cost of goods.
D) Monopolies can lower and raise their prices at will.

User Yeyeyerman
by
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1 Answer

4 votes

Answer:

A

Step-by-step explanation:

monopoly is prices and profits that are higher than under perfect competition

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