Which of the following modes of transportation is characterized as having the highest fixed cost and lowest variable cost?
A) Air
B) Water
C) Rail
D) Pipeline

Question

Quizplus · Accepted Answer

Pipelines have the highest fixed costs due to the infrastructure required for construction and maintenance, but they have the lowest variable costs as they require minimal labor and energy to operate once established.

Which of the Following Modes of Transportation Is Characterized as Having