The transportation economic principle that deals with economy of distance is:
Consolidation
Load–off
Tapering
Spanning
Answer
The transportation economic principle that deals with economy of distance is:
✓ tapering
(Transportation economic distance which is also called as Tapering, involves long distance travelling to control costs and hence, gain economies of scale. Thus tapering is the right answer)
The transportation economic principle that deals with economy of distance is: Consolidation Load–off Tapering Spanning
What is transportation consolidation? How do consolidation strategies take advantage of the basic economic characteristics of transportation? Answer the question using your own word.
What do current economic data tell us about the health of the economy? Assess the current health of the U.S. economy by evaluating the key economic indicators that we have looked at in this course. How close is the overall economy to potential GDP and the natural rate of unemployment? The relevant economics statistics include the growth rate of real GDP, the unemployment rate, and the inflation rate at a minimum. You are encouraged to discuss and evaluate other economic...