ces Mailings Review View Acrobat =,, ABCcDdEe AaBbCcDdEe AaBbCcDc AaBbc Normal No Spacing Heading 1 Head and improvements, choose Check for Updates. 9. Below are the modes of transportation. Discuss challenges for each of the modes below based on economic point of view. a. Railroads b. Air carriers c. Water Carriers d. Pipelines (10 marks) a 10. Imagine that a bacterial problem occurs at a beef slaughter plant that kills hundreds of people. The government react by imposing stricter regulation that increase the cost of the cattle/beef supply chaia Explain how prior economic model would change if consumers began to substitute pork and chicken for beef because of health concerns. (10 marks) 11. The demand for urban transport is complex, but the two most important considerations usually are time and money. The speed of transport and the cost of providing transport are closely related Explain the trade-off between time and money and in urban transportation and why it is so difficult to generalize the transportation options. (10 marks) 12. Explain the considerations that can modify and individuals demand for urban transportation. Some products have elastic demand while some have inelastic d c demands. Explain the condition in which the derived demand for transport would be elastic or inelastic. (10 marks)