Sample Response: Standard Oil was taking advantage of incentives that were being given to growing businesses at the time. The company was also ensuring that competition could not continue by lowering prices so much that other producers could not continue to make a profit. With little competition remaining in the market, consumers would be forced to pay the prices set by Standard Oil. Which issues are included in your response? Check all that apply.rising prices for consumersundercutting pricesma
Answer
A
rising prices for consumers
B
undercutting prices
C
manipulating local markets and stations
D
secret deals with train companies
Explanation
The response describes undercutting prices: Standard Oil lowered prices so competitors could not keep making a profit. It also says that, once competition was gone, consumers would have to pay the prices Standard Oil set, pointing to rising prices for consumers.
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