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MGT 325 Week 2 Quiz
1. Question : Under transportation regulation, the amount found in a Tariff as payment to a carrier for performing a given transport service is called a:
Student Answer:
price
rate
demand charge
supply charge
Points Received: 1 of 1Comments:
2. Question : What is the difference between pure competition and monopolistic competition?
slight as the conditions for each are quite similar.
under pure competition there are many sellers and the product is homogeneouswhile there many sellers, there is some differentiation in the productnot as great as there are with an oligopoly
Points Received: 0 of 1Comments:
3. Question : What is one of the service characteristics of the trucking industry?
Trucks are built to fit on existing highways
Trucks have a speed advantage for shipments less than 500 milesTruck rates are cheaper than rail or air
Trucks are easier to load than rail cars
http://www.fres-courses.com/product/mgt-325-week-2-quiz
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