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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.

User Pochen
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1 Answer

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