As asked to, the new question one of the timed assignment for 28 August (next, next monday):
Question One TYS Nov 2002 In the UK, train tickets may be obtained more cheaply if they are bought in advance. In August 2000 the railway companies jointly announced that these cheap tickets would be available only at major stations. Passengers living near smaller stations would, therefore, have to pay the full cost of the ticket. (a) Explain what is meant by price discrimination and discuss whether this is an example of price discrimination. [10] (b) Identify the type of market structure that enables companies to practise price discrimination, and discuss whether that market structure is ever beneficial to consumers. [15]
Question Two TYS N1998 In August 1996, for what was thought to be the first time in the African sub-continent, a private company was contracted by the government to manage electricity distribution in Northern Namibia.
(a) Explain why governments throughout the world have been involved in the supply of services such as electricity. [12] (b) Discuss on the policies that governments can use to regulate these companies. [13]
6:32 PM}
&say again?
06:a13
there can be no other.
&who we are
Fuji Fungg Hongwei Guo Bin Jay Jeriel Jianyang Jonathan Junhong Junhua Kar Weng Kenneth Lee Yang Lyly Olivia Paula Peiyu Ruiyi Shijia Shum Tracee Yeekai Ying Dan Yingtse Yvonne
