Not Including Intermodal Shipments,the Three Main Traditional Areas of the U.S.railroad

question 22

Multiple Choice

Not including intermodal shipments,the three main traditional areas of the U.S.railroad freight business have been in the areas of

• A) high-end electronics, cut flowers, and time-sensitive parcels.
• B) packaged consumer goods, computers, and gasoline.
• C) bulk freight, break-bulk freight in boxcars, and automobiles.
• D) mobile homes, fast mail, and gravel.
• E) None of the above

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Definitions:

Good Sold

Refers to merchandise or items that have been purchased or exchanged in a transaction.

Tax on Buyers

is a tax that is directly levied on consumers when they purchase goods or services, effectively increasing the purchase price.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers, typically downward sloping to the right indicating an inverse relationship.

Tax on Buyers

A financial charge imposed directly on consumers, which tends to shift the demand curve downward, reflecting a decrease in the quantity demanded at each price.