One Factor Contributing to the Growth of TMS Is the Need

question 28

True/False

One factor contributing to the growth of TMS is the need to replace legacy transportation systems because they are inflexible,difficult to integrate with other newer systems,and expensive to maintain.

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Definitions:

Higher Prices

A situation in which the cost of goods or services increases, often due to factors such as increased demand or higher production costs.

Tax Imposition

The process by which a government or authority imposes a financial charge or levy upon a taxpayer.

Supply

The total amount of a specific good or service that is available to consumers, often influenced by the product's price.

Demand

The desire, willingness, and ability of consumers to buy goods and services at various price points at a specific time.