U.S.manufacturers formed trusts in the late 1880s because
A) booms in the economy made trusts highly profitable and allowed them to expand
B) economies of scale allowed larger firms to prosper
C) the rapid growth of the railroads allowed firms to reach a wider market
D) technological breakthroughs increased capital use and optimal firm size
E) they wanted to avoid price wars during depressions
Correct Answer:
Verified
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