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Carnegie Steel able to offer its product more cheaply than its competitors because Carnegie introduced the Bessemer process, which decreased the cost of production.
What is cost of production?
Cost of production is the cost of manufacturing a particular product by a company.
Once the cost of production is reduced then it is easier for Carnegie Steel to able to offer its product more cheaply than its competitors.
Learn more on Cost of production at: https://brainly.com/question/25109150
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