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TRL2602 Assignment 1 Semester 1 | Due 20 March 2025. All questions answered.
QUESTION 1 1.1 Discuss how Transport Economics impacts the local communities. (5) 1.2 Discuss the economic concept of utility and indicate how the different types of utility in transport can contribute to a healthy competitive advantage. (10) 1.3 Briefly discuss the impact that increasing population numbers have on transportation planning. (5) 1.4. Describe the principal characteristics of transport demand. (10) Total [30]
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