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Social Studies, 15.10.2019 09:50 rmusungu4

1. which was the immediate goal of the standard oil company when it lowered its prices?
a. to sell stock to investors b. to outcompete rival businesses c. to for a monopoly d. to pass on lower costs to customers 2. which of these would most likely happen under a free market?
a. government regulators set maximum prices b. political influence determines what products are made
c. an appointed agency decides where businesses can operate
d. individual business owners set prices to compete for business.
3. which was one way businesspeople tried to eliminate competition?
a. they formed monopolies or trusts b. they decreased the price of their products c. they developed overseas markets d. they paid higher wages to their workers my answers are these, am i correct? if not can you me with the ones i am not right with?
1. b 2. d 3. b

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1. which was the immediate goal of the standard oil company when it lowered its prices?
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