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Essay TRL2602 - Transport Economics

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Essay TRL2602 - Transport Economics, 1.1 Identify and discuss the reasons why transportation in the economy is important. (5) 1.2 Discuss the economic impact the 2022 floods experienced in KZN (KwaZulu Natal) has had on transport economics in South Africa. (15) 1.3 Explain in detail what is meant by short term equilibrium in a market that is characterised by perfect competition and illustrate your answer by referring to the relevant graph.

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Uploaded on
August 3, 2023
Number of pages
5
Written in
2023/2024
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Essay
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Grade
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TRL2602


Transport Economy


ASSIGNMENT 01 (SEMESTER 2)


2nd SEMESTER 2023


Assignment 01


Due date: 18 August 2023




Question 1

1.1 Identify and discuss the reasons why transportation in the economy is important. (5)

1.2 Discuss the economic impact the 2022 floods experienced in KZN (KwaZulu Natal) has had on
transport economics in South Africa. (15)

1.3 Explain in detail what is meant by short term equilibrium in a market that is characterised by
perfect competition and illustrate your answer by referring to the relevant graph. (5)

Total: [25]

, Remember to paraphrase your work to avoid plagiarism….



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