The aggregate demand for transportation service is said to be inelastic while the demand for an individual

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The aggregate demand for transportation service is said to be inelastic while the demand for an individual mode or carrier is often elastic. Explain why this is important to carriers and shippers.

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Transportation A Global Supply Chain Perspective

ISBN: 978-1133592969

8th edition

Authors: John J. Coyle, Robert A. Novak, Brian Gibson, Edward J. Bard

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Question Posted: Jun 04, 2015 07:52 AM

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The aggregate demand for transportation service is said to be inelastic while the demand for an individual

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Aggregate demand for transportation is inelastic Freight rate reductions will ...View the full answer

Transportation A Global Supply Chain Perspective

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