In the 1870s, excess capacity in the railroad industry led to:
a. rates wars.
b. the formation of regional federations to pool traffic or profits.
c. price-fixing.
d. hidden rate-cutting through rebates.
e. All of the above.
Question 2
Types of price discrimination practiced by post-bellum railroads included all of the following except:
a. varied rates based on passengers' gender.
b. varied rates based on town of origin.
c. higher rates per mile for short-hauls than for long-hauls.d varied rates based on passengers' occupation .