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lora16 [44]
3 years ago
13

How do monopolies affect the price of goods?

History
2 answers:
Studentka2010 [4]3 years ago
6 0
B. Monopolies can lower and raise their prices at will.
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
PilotLPTM [1.2K]3 years ago
6 0

Answer:

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

Explanation:

On edg. 2021

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