Which is 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 form a monopoly.

D. to pass on lower costs to customers.

Question

Martha Shepard

12 June, 09:26

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Answers (1)

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Geovanni Zuniga · Answer 1

B to out compete rival businesses as if they lowered their prices more than their competitors, they could drag in more customers

Which is 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 form a monopoly.D. to pass on lower costs to customers.