Many More Companies Are Shipping Via Intermodals and Their Older

question 140

Multiple Choice

Many more companies are shipping via intermodals and their older TMSs cannot support or deal with intermodal movement,which refers to the use of ________.

• A)Two or more container ships
• B)Two or more transport modes
• C)Truck or rail modes
• D)International transport via commercial airlines

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Definitions:

MC

Stands for Marginal Cost, which is the cost of producing one additional unit of a good or service.

ATC

Average Total Cost, which is the total cost per unit of output incurred when producing goods or services. It includes both fixed and variable costs.

MR

An abbreviation for Marginal Revenue, which is the additional income from selling one more unit of a good or service.

Long-Run Equilibrium

A situation in a market where supply equals demand, and all factors of production - including labor and capital - are fully utilized, leading to stable prices.