question archive 1) Compare and contrast pure competition with monopoly from a pricing perspective
1) Compare and contrast pure competition with monopoly from a pricing perspective
Subject:BusinessPrice: Bought3
1) Compare and contrast pure competition with monopoly from a pricing perspective. If you were a shipper, which would you prefer? Which would a carrier prefer?
2. Describe an oligopolistic market structure. What alternatives to price competition exist in such markets? Why would these alternatives be important to shippers?
3. What is value-of-service pricing? Is this approach to pricing valid today?
4. What is the cost-of-service pricing? What is the relationship between value-of-service pricing and cost-of-service pricing?
5. What is a released value rate and how does its use affect a shipper’s transportation costs?
6. What are the major forces that affect carrier pricing strategies?
7. How might pricing strategies differ among carriers in competitive markets, oligopolistic markets, and monopolistic markets?
8. What are the various factors used in classifying commodities for tariff purposes?
9. What are the differences among class, exception, and commodity rates?
10. Why were tariffs created? Are they still useful in today’s transportation environment?
