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Hps2214:Transport Economics Question Paper

Hps2214:Transport Economics

Course:Bachelor Of Supplies Management

Institution: Meru University Of Science And Technology question papers

Exam Year:2011

QUESTION ONE (30 MARKS)
a) The fleet manager has the responsibility of selecting the most efficient and cost-effective vehicles for the needs of the organisation. Explain the factors to consider in vehicle replacement. (6 Marks) b) A By pass road has been built around the city of Nairobi. Explain the shortcomings of such a project. (7 Marks) c) The government of Kenya has set a limit on the number of years at which a vehicle should be imported in the country as 8 years old. Discuss the adverse economic implications of going against this directive. (6 Marks) d) Discuss the reasons why hand carts/ox-carts are commonly used in today’s economy despite being invented in ancient economy of Mesopotamia in 4B.C as a means of transport. (6 Marks) e) Explain the disadvantages of pipeline as a means of transport. (5 Marks)
QUESTION TWO (20 MARKS)
Discuss the pros of the strict adherence of the traffic rules on the Kenyan roads commonly known as “Michuki Rules” on the economy. (20 Marks)
QUESTION THREE (20 MARKS)
a) Discuss the economic factors that influence the operations of a transport firm. (10 Marks) b) Explain the factors affecting the elasticity of demand in today’s transport sector. (10 Marks)
QUESTION FOUR (20 MARKS)
a) Citing examples to illustrate, discuss the factors affecting the supply of air transport in modern economics. (10 Marks) b) Explain the disadvantages of transporting goods over the sea. (10 Marks)
2
QUESTION FIVE (20 MARKS)
Explain how a good transport network can be a basis for attracting investment in a given region. (20 Marks)

Hps2214:Transport Economics Question Paper

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