Regarding Alternative Transporting Modes

question 100

Multiple Choice

Regarding alternative transporting modes:

• A) trucks are good for speed, frequency, dependability, and number of locations served.
• B) pipelines are slower and less dependable than water transport, but also less expensive and able to serve more locations.
• C) airways are faster, cheaper, and more dependable than railways.
• D) waterways are slow, costly, and unable to handle a variety of shipments.

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Definitions:

Marketplace Trends

Refers to the observable changes or movements in market behavior, preferences, and patterns over time.

Identifying Trends

The process of analyzing data and information to detect patterns or directions in which a market, technology, or preference is moving.

Methods

Systematic, logical approaches or procedures applied in various fields of study or work to achieve desired outcomes.

Econometric

Econometrics is the application of statistical and mathematical models to economics for the purpose of testing theories, hypotheses, and future trends.