Which Mode Is Not Covered Under the National Transportation Policy

question 20

Multiple Choice

Which mode is not covered under the National Transportation Policy?

• A) Water carries
• B) Exempt carriers
• C) Air carriers
• D) Rail carriers

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Definitions:

Prices of Inputs

This term describes the cost of resources used in the production of goods and services, such as raw materials, labor, and machinery.

Hourly Price

The cost or price of something for each hour it is used, produced, or provided.

Production Technology

Refers to the methods, equipment, and processes used to produce goods and services.

Capital Intensive

An industry or business that requires large amounts of money and resources (such as machinery or equipment) to produce goods or services.