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Why was Carnegie Steel able to offer its product more cheaply than its competitors?



Carnegie introduced the Bessemer process, which decreased the cost of production.

Carnegie cut corners in his production, lowering his costs.

Carnegie could cut his costs because he owned the supply of raw materials and the means of production and distribution.

Carnegie made an inferior product, so it was less expensive to produce.



Answer :

magfulltime

Answer:

  • Carnegie could cut his costs because he owned the supply of raw materials and the means of production and distribution.

Explanation:

Andrew Carnegie was a poor worker from Scotland and wound up turning into an American business visionary amid the time of the Industrial Revolution.

Carnegie began Carnegie Steel and ended up one of the wealthiest people in the United States. Carnegie utilized his wealth to help improve humankind through the philanthropies he set up in scientific, instructive and cultural foundations. Today despite everything we profit by numerous individuals of the altruistic causes he set up including Carnegie - Mellon University built up in the mid 1900's.

Answer:

C.

Explanation:

Carnegie would cut his costs because he owned the supply of raw materials and the means of production and distribution.

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