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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.

Respuesta :

Answer:

A. They formed monopolies or trusts.

Explanation:

Business leaders in the 1800s tried to eliminate competition by forming pools, trusts, monopolies, and through vertical and horizontal integration. Many companies organized pools to keep prices at a certain level, that is, they tried to keep prices from falling.

kirabowen15
In order to eliminate competition business decreased the price of their product.

By cutting their prices, they attract more costumers. This is because customers like to buy goods at the lowest possible price. Hence they effectively eliminate some competition.

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