Need help 10 question quiz please only answer if you know thank you

Question 1.1.Turning back to figure 4.1 which of the following is not a simplifying assumption? (Points : 1)

firms products or services are homogeneous only one group of customers there are cost which are not the responsibility of the customer the firm possess some monopolistic power

Question 2.2.Which is correct regarding value-of-service pricing? (Points : 1)

the model is used to determine the lower limit of freight rates the model considers the supply side of the transportation pricing function the value of the product is considered to be irrelevant in the determination of the freight rate the model considers the ability of the commodity to bear a charge

Question 3.3.What is a Private Carrier? (Points : 1)

a trucking firm whose stock is not listed on any of the stock exchanges a trucking firm whose name does not appear on the equipment a tricking operation that only hauls freight for the firm which owns it a trucking firm that is not registered with the FMCSA

Question 4.4.Value of service pricing is best defined as: (Points : 1)

pricing based upon common costs what the traffic will bear pricing based on marginal costs pricing based on average costs

Question 5.5.What is the primary division between motor carriers? (Points : 1)

Local and long haul LTL and Truckload Intrastate and interstate For hire and private

Question 6.6.What is one of the primary reasons for the growth of trucking after World War II? (Points : 1)

Trucks became larger and faster Shippers liked the door to door service which trucks could provide The Interstate Highway System was constructed which allowed trucks to give faster service over longer distances. The railroads gave up on truck type freight and stopped seeking it.

Question 7.7.Which of the following is not a condition for pure competition? (Points : 1)

Large number of sellers Sellers and buyer are small enough that no one can overly influence the market Involves a heterogeneous product or service Unrestricted entry

Question 8.8.What is the difference between pure competition and monopolistic competition? (Points : 1)

slight as the conditions for each are quite similar. under pure competition there are many sellers and the product is homogeneous while there many sellers, there is some differentiation in the product not as great as there are with an oligopoly

Question 9.9.What is one of the service characteristics of the trucking industry? (Points : 1)

Trucks are built to fit on existing highways Trucks have a speed advantage for shipments less than 500 miles Truck rates are cheaper than rail or air Trucks are easier to load than rail cars

Question 10.10.Under transportation regulation, the amount found in a Tariff as payment to a carrier for performing a given transport service is called a: (Points : 1)

price rate demand charge supply charge