Economics Assignment

Q: - 1 Exercise Questions on Microeconomic Environment for railway line   (1)  publisher article on Microeconomic issue. Petrol cost stimulate rise in public transport economic consumption Stephen Moynihan and Ian Porter September 6, 2006 summon 1 of 2 | adept page http://www.theage.com.au/news/ field of study/ accelerator pedal-costs-drive-rise-in-public-transport-use/2006/09/05/1157222131884.html   HIGH petrol prices be forcing more Melburnians onto public transport, musical composition finale motorists atomic number 18 favoring to buy cars running on diesel, LPG and loan-blend technology. intimately 400 million trips were made across the citys tram, bring and double-decker networks in the previous financial year, with patronage change order of magnitude by 6 per cent. gross revenue of diesel-engined passenger cars trebled last month as privy buyers and fleet owners started to explore their burn options, tally to the latest Vfacts registratio n figures. While the numbers are unagitated quite small, all the major car makers urinate diesel engines available offshore and could join the trend. GM Holden is the scarce adept of the big four car makers to currently assert a diesel car. The registration figures show gross gross sales of diesel cars to private and fleet buyers jumped 136 per cent to 9660 in the starting time eight months.

Sales of hybrids vehicles powered by a cabal of petrol and voltaic motors were up 73 per cent to 1834 in the eight months and sales of LPG vehicles surged 149 per cent to 5621. As car buyers opt for alternative fuels, those who cannot expend to buy new vehicles are bend to public tran sport. Connex, the wheeler dealer of the s! uburban rail network, preserve a growth of 11 per cent, with about 275,000 people development the system each weekday. The Cranbourne, Pakenham, Sydenham and Werribee lines are all recording unassailable growth, with residents of Melbournes outer-northern suburbs increasing use on the Hurstbridge and Epping lines. The rise in petrol prices is having a harsher impact on residents in Melbournes outer suburbs, with Yarra Trams...If you unavoidableness to get a spacious essay, order it on our website: OrderEssay.net

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