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Asked 9 months ago
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1
The US Oil Company could be seen as a
✔ monopoly
because all smaller refineries send their oil to it.

If the delivery wagons failed to do their job, it would directly affect
oil refineries
.

If one of the independent oil refineries stopped producing oil, the US Oil Company would
✔ get oil from the other refineries
.

A meat-industry company could
protect
its profits by owning businesses that perform all functions at all levels of production.

1 Answer

2

Answer:

The US Oil Company could be seen as a  

✔ monopoly  because all smaller refineries send their oil to it.

If the delivery wagons failed to do their job, it would directly affect  

✔ oil refineries .

If one of the independent oil refineries stopped producing oil, the US Oil Company would  

✔ get oil from the other refineries .

A meat-industry company could  ✔ increase  its profits by owning businesses that perform all functions at all levels of production.

Explanation:

Edge 2021

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answered 9 months ago