CONFIDENTIAL Page 4 of 6 TRL2602 OctINov Exam 2023 SECTION A ANSWER ALL OF THE QUESTIONS IN THIS SECTION. TOTAL: 2|] MARKS QUESTION 1 1.1 Briey explain the role of transport and competition in the economy. (4) 1.2What two groups of users have a need for transport? Explain in full how we distinguish between these two groups. (4) 1.3Distinguish the difference between common costs and joint costs, make use of examples to demonstrate your understanding. (6) 1.4A transport enterprise may follow and three types of pricing to determine tariff Identify and explain in your own words each type. (6) [20] SECTION A TOTAL: [20] [TURN OVER] CONFIDENTIAL Page 5 of 6 TRL2602 Octhov Exam 2023 SFCTIDN n . o o o [3.1 i G T L? o o o A A A" O O 0 Comment Highlight Draw Text Fill&Sign Moretools