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MGT 325 Week 2 Quiz


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 1
Comments:


2. Question : What is the difference between pure competition and monopolistic competition?


Student Answer:


slight as the conditions for each are quite similar.


under pure competition there are many sellers and the product is homogeneous
while there many sellers, there is some differentiation in the product
not as great as there are with an oligopoly


Points Received: 0 of 1
Comments:


3. Question : What is one of the service characteristics of the trucking industry?


Student Answer:


Trucks are built to fit on existing highways


Trucks have a speed advantage for shipments less than 500 miles
Truck rates are cheaper than rail or air


Trucks are easier to load than rail cars


MGT 325 Week 2 Quiz



http://www.fres-courses.com/product/mgt-325-week-2-quiz

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 1
Comments:


2. Question : What is the difference between pure competition and monopolistic competition?


Student Answer:


slight as the conditions for each are quite similar.


under pure competition there are many sellers and the product is homogeneous
while there many sellers, there is some differentiation in the product
not as great as there are with an oligopoly


Points Received: 0 of 1
Comments:


3. Question : What is one of the service characteristics of the trucking industry?


Student Answer:


Trucks are built to fit on existing highways


Trucks have a speed advantage for shipments less than 500 miles
Truck rates are cheaper than rail or air


Trucks are easier to load than rail cars


MGT 325 Week 2 Quiz



http://www.fres-courses.com/product/mgt-325-week-2-quiz

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 1
Comments:


2. Question : What is the difference between pure competition and monopolistic competition?


Student Answer:


slight as the conditions for each are quite similar.


under pure competition there are many sellers and the product is homogeneous
while there many sellers, there is some differentiation in the product
not as great as there are with an oligopoly


Points Received: 0 of 1
Comments:


3. Question : What is one of the service characteristics of the trucking industry?


Student Answer:


Trucks are built to fit on existing highways


Trucks have a speed advantage for shipments less than 500 miles
Truck rates are cheaper than rail or air


Trucks are easier to load than rail cars