Exam questions (Jan 08)

1. Concern continues to be expressed at the increased market share of some local bus companies since deregulation.
(a) Explain how an increased market share for a firm might reduce the economic efficiency of that industry. (10)
(b) Discuss the extent to which the local bus industry in Britain has become an oligopoly since deregulation. (15)

2. (a) Explain the main factors that have influenced the increased demand for air passenger transport. (10)
(b) Discuss the extent to which government policy can influence the supply of air passenger transport services. (15)

3. (a) Explain the main factors determining a manufacturer’s choice between modes of freight transport. (10)
(b) Discuss the ways in which the government can promote more sustainability in UK freight transport policy. (15)

Answers/Marking guidelines here

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