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Author Question: In the 1870s, excess capacity in the railroad industry led to: a. rates wars. b. the formation of ... (Read 73 times)

frankwu

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on: Jun 30, 2018
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 .


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bobsmith

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Reply #1 on: Jun 30, 2018
Answer to Question 1

e. All of the above.

Answer to Question 2

a. varied rates based on passenger's gender.


frankwu

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Reply #2 on: Jun 30, 2018
Thank you :)


bobsmith

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Reply #3 on: Jun 30, 2018
Happy to help you


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