Assignment:
Question 1. Compare and contrast variable, fixed, and joint costs.
Question 2. What advantage does net pricing provide for carriers and shippers?
Question 3. Describe the difference between a rate and a rating.
Question 4. What is a shipper's responsibility when terms of purchase are F.O.B. origin? F.O.B. destination? Why would a shipper prefer one over the other?
Question 5. In your own words, describe what you thought to be the most important part of this chapter and give your reasons why.