2. The railroad industry's cost structure is different than that of the motor carrier industry. What factors
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Question:
2. The railroad industry's cost structure is different than that of the motor carrier industry. What factors contribute to this difference? What impact do these differences have for the railroads in terms of pricing, competitiveness, and investment?
3. What is the major advantage of air carriers? How does this advantage impact the inventory levels of those firms using air transportation? Explain how this advantage relates to the choice of modes when choosing between air carriage and other modes for freight and passengers
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