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Compared to its rivals, Carnegie Steel is able to offer its goods for less money. Because he controlled the raw material supply, the means of manufacturing, and the channels of distribution, Carnegie was able to reduce expenses.
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What cost-cutting measures took Carnegie?</h3>
He promoted bonds and made investments in oil and railroad sleeper carriages, but iron production was his main line of work. He relentlessly adopted practices that reduced per-unit costs, introduced the railroad industry's cost-accounting methods, and hired skilled chemists.
Because he controlled the raw material supply, the means of manufacturing, and the channels of distribution. Because Carnegie produced a subpar item, production costs were lower.
Hence choice 2nd is correct.
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