Value of Service Pricing Is Based on the Concept Which

question 41

Multiple Choice

Value of service pricing is based on the concept which states:

• A) shippers should pay rates high enough to insure a high profit for the carrier.
• B) carriers should set prices based on the level of service they offer
• C) rates should be related to value of the commodity - the higher the value of the commodity the higher the rate should be
• D) shippers should offer a price that they feel is fair in relation to the service offered.

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Definitions:

Steroids

A large class of organic compounds with a characteristic molecular structure containing four rings of carbon atoms; examples include hormones and cholesterol.

Antibiotics

Medications used to prevent and treat bacterial infections by either killing bacteria or inhibiting their growth.

Mucus-Thinning Drugs

Medications designed to reduce the viscosity of mucus, helping to alleviate congestion in the respiratory tract.

Vocal Cords

Paired bands of muscle tissue located in the larynx (voice box) that vibrate to produce sound when air is expelled from the lungs.