Transport costs can be analyzed:

Question

Quizplus · Accepted Answer

All of the above methods can be used to analyze transport costs.

Demand and supply curves can be used to analyze how changes in transport costs affect the quantity of goods that are demanded and supplied in a market.

Production frontiers can be used to analyze the efficiency of production and the trade-offs between producing different goods when transportation costs are taken into account.

Offer curves can be used to analyze how changes in transport costs affect the relative prices of different goods in different locations, and how this affects trade patterns.

Transport Costs Can Be Analyzed