Cross subsidization in railroads refers to

Question

a. the governments subsidizing unprofitable routes

b. governments subsidizing the railroad industry from trucking revenues

c. profitable railroad routes subsidizing unprofitable ones

c. profitable railroad routes subsidizing unprofitable ones

d. firms that own both trucks and railroads subsidizing railroads with trucking revenues

e. railroads with unprofitable routs merging with railroads with more profitable routes

Answer 1

Cross subsidization in railroads refers to profitable railroad routes subsidizing unprofitable ones. Answer C is correct.