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.

b). (sounds as the best answer)

s the president shall be commander in chief of the army and navy of the united states, and of the militia of the several states, when called into the actual service of the united states; he may require the opinion, in writing, of the principal officer in each of the executive departments. sooo yeahhh

explanation: