TRL2602
ASSIGNMENT 1 SEMESTER 1 2025
UNIQUE NO. 258286
DUE DATE: 20 MARCH 2025
, TRL2602
TRL2602 Assignment 1 Semester 1 2025 (258286)
Due Date: 20 March 2025
QUESTION 1
1.1 Role of Transport and Competition in the Economy (4 Marks)
Transport plays a crucial role in the economy by facilitating trade, connecting markets,
and enhancing productivity. Efficient transport systems lower production costs, improve
market accessibility, and enable competition by allowing businesses to access raw
materials and distribute finished goods. Competition in the transport sector ensures
better services, lower prices, and innovation, ultimately benefiting consumers and
businesses alike.
1.2 Two Groups of Transport Users (4 Marks)
The two main groups of transport users are:
Freight Transport Users: Businesses and industries that require transport to
move goods and raw materials. Examples include manufacturers, retailers, and
agricultural producers.
Passenger Transport Users: Individuals who need transport for commuting,
travel, and personal mobility. This group includes daily commuters, tourists, and
students.
These groups are distinguished by their objectives: freight transport focuses on
goods movement and logistics, while passenger transport serves people’s
mobility needs.
1.3 Difference Between Common Costs and Joint Costs (6 Marks)
Common Costs: These are costs incurred when a transport service is used for
multiple functions but not necessarily at the same time. For example, an airline
ASSIGNMENT 1 SEMESTER 1 2025
UNIQUE NO. 258286
DUE DATE: 20 MARCH 2025
, TRL2602
TRL2602 Assignment 1 Semester 1 2025 (258286)
Due Date: 20 March 2025
QUESTION 1
1.1 Role of Transport and Competition in the Economy (4 Marks)
Transport plays a crucial role in the economy by facilitating trade, connecting markets,
and enhancing productivity. Efficient transport systems lower production costs, improve
market accessibility, and enable competition by allowing businesses to access raw
materials and distribute finished goods. Competition in the transport sector ensures
better services, lower prices, and innovation, ultimately benefiting consumers and
businesses alike.
1.2 Two Groups of Transport Users (4 Marks)
The two main groups of transport users are:
Freight Transport Users: Businesses and industries that require transport to
move goods and raw materials. Examples include manufacturers, retailers, and
agricultural producers.
Passenger Transport Users: Individuals who need transport for commuting,
travel, and personal mobility. This group includes daily commuters, tourists, and
students.
These groups are distinguished by their objectives: freight transport focuses on
goods movement and logistics, while passenger transport serves people’s
mobility needs.
1.3 Difference Between Common Costs and Joint Costs (6 Marks)
Common Costs: These are costs incurred when a transport service is used for
multiple functions but not necessarily at the same time. For example, an airline
