TRL2602 Assignment 1 (100% COMPLETE ANSWERS) Semester 1 2025 (258286) - DUE 20 March 2025

Transport Economics - TRL2602 Assignment 1 Semester 1 2025 (258286) - DUE 20 March 2025 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... QUESTION 1 1.1 Briefly explain the role of transport and competition in the economy. (4) 1.2 What two groups of users have a need for transport? Explain in full how we distinguish between these two groups. (4) 1.3 Distinguish the difference between common costs and joint costs, make use of examples to demonstrate your understanding. (6) 1.4 A transport enterprise may follow and three types of pricing to determine tariff Identify and explain in your own words each type. QUESTION 2 Transport economists, logisticians and entrepreneurs are confronted daily with having to solve problems in answering the transport question. In the past, engineers and transport planners, who were responsible for planning and designing the transport infrastructure, used models to analyse and predict transport demand, but paid scant attention to the economic content thereof. Aside from the economic implications, access to various geographical areas and the mobility of people and goods also has specific social, political and strategic implications. The provision of subsidized transport for employees who stay in areas which are situated far from their places of work is an obvious example. Discuss the types of transport in the South Africa community bear in mind the different transport sectors.