Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. operations management
  3. distinguish between the terms \"rates\" and \"pric

Distinguish between the terms \"rates\" and \"price\" as relates to transportation? Describe in detail please.

70.2K

Verified Solution

Question

Operations Management

Distinguish between the terms \"rates\" and \"price\" as relates totransportation?

Describe in detail please.

Answer & Explanation Solved by verified expert
3.8 Ratings (391 Votes)
It is common for words such as rate and price to be used interchangeably in casual conversation their general definitions are similar enough that they will both apply to many situations However this is not the case for these terms when they are applied to the business of transportation When a transportation professional is talking about a certain rate they are referring to an amount    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

What is the lead (II) ion concentration in a solution prepared by mixing 341 mL of...

Psychology
1.2K views

How do mood, emotion, positive affectivity (PA) and negative affectivity (NA) relate to job satisfaction? What...

Accounting
1.2K views

Lubricants, Inc., produces a special kind of grease that is widely used by race car drivers....

Biology
1.2K views

ABO blood typing is an example of codominance and in the expression of a trait...

Biology
1.2K views

5 Why might you expect the insertion of 3 DNA base pairs into a gene...

Physics
1.2K views

4 2x k 3 2m m 4 In a SHM resultant displacement is given by...

Physics
1.2K views

Three spheres A B and C each of mass I kg and radu R 2K...

Calculus
1.2K views

Let ? h(x)dx = 252 ? h(x) dx = ? 144Use the given definite integrals...

Accounting
1.2K views

Julie has been working at David Corporation as an accountant. She has passed on some...

Accounting
1.2K views

Hazel received 37 NQOs (each option gives her the right to purchase 11 shares of...

Accounting
1.2K views

Your goal is to be able to withdraw $4,500 for each of the next ten...

Accounting
1.2K views

Boca Inc. Balance Sheets December 31 ...