Trl2602 - Study guides, Study notes & Summaries

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TRL2602 (Transport Economy) Assignment 1 Semester 2 2023. Due: 18 August 2023. Referencing, Reference List and table of contents included for easy access to the answers! Good luck!

Transportation is essential to the functioning of any economy. It allows goods and services to be moved from where they are produced to where they are needed. This is essential for a functioning economy, as it allows businesses to reach new markets and consumers to have access to a wider variety of goods and services. In addition to facilitating trade and commerce, transportation also plays a role in creating jobs, reducing poverty, and improving quality of life. The transportation sector is a ...

THESE ARE THE EXAM ANSWERS FOR TRL2602 MAY/JUNE EXAM.

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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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TRL2602 EXAM PACK 2025 {DETAILED QUESTIONS AND ANSWERS }