How was the large size and great power of the standard oil trust, depicted in cartoon, influenced by technological advances? a) technology increased the demand for oil and gasoline, which the company produced. b) technology allowed the company to advertise in new places and with novel methods. c) technology allowed machines to replace human workers, which the company make more money. d) technology increased demand job demand in other sectors so the standard oil trust was the only oil company to survive, but it became larger.

A) Technology increased the demand for oil and gasoline, which the company produced.

Explanation:

The great advantage that Standard Oil Trust had was the time period in which it was established. Standard Oil began as a company established in 1870 by John D. Rockefeller and Henry Flagler. When the company was established, the oil business was a new enterprise, and most technology ran on coal. However, as technology developed, the demand for oil and gasolines increased. This led to an explosion in the size and profits of Standard Oil. Its history ended in 1911, when the Supreme Court declared the company an illegal monopoly.

the correct answer is ) possibility.

demonstrating opportunity cost is done through production possibility.

the opportunity cost can be demonstrated using the production possibility frontier or curve. this graphic shows the total number of possibilities for two products when we have the resources needed and used in an efficient manner. the main resources could be money, labor, and technology. the curve shows that the production of one good increases when the production of the othe

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