Which of the Following Will Cause Operating Revenues for a Transportation

question 37

Multiple Choice

Which of the following will cause operating revenues for a transportation firm to vary?

• A)Difference in rates
• B)Classification of traffic
• C)Volume of traffic carried
• D)Distance traffic is transported
• E)All of the answers are correct.

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Definitions:

World Price

The international market price of a good or service, influenced by global supply and demand.

Free Trade

An economic policy that allows imports and exports between countries without tariffs, quotas, or other restrictions.

Domestic Price

The price of goods or services within a country's borders, exclusive of international factors.

World Price

The price at which goods trade on the international market, reflecting the global balance of supply and demand for those goods.