Question A2 [25 marks] (a) [5 marks] Discuss the issue of "equity among transit travelers" in different fare structures. (b) [10 marks] "Density" is often used as a measure of availability of transit service. Which type of availability is "density" reflecting? "Route density" and "Transit supportive area" are two possible indicators of density. Define these two indicators and compare the advantages and disadvantages of these two indicators. (c) [10 marks] The table below shows some operational statistics of a rail transit company from 2013 to 2017 . Its revenue entirely comes from fare paid by passengers. (i) [2 marks] Identify the types of performance indicators (service input/ output/ consumption or state which kind of ratio it is). (ii) [2 marks] Compute and comment on the farebox recovery ratio. (iii) [3 marks] Compute and comment on the economy of scale with respective to service output. (iv) [3 marks] Compute and comment on the economy of scale with respective to service consumption. Question A2 [25 marks] (a) [5 marks] Discuss the issue of "equity among transit travelers" in different fare structures. (b) [10 marks] "Density" is often used as a measure of availability of transit service. Which type of availability is "density" reflecting? "Route density" and "Transit supportive area" are two possible indicators of density. Define these two indicators and compare the advantages and disadvantages of these two indicators. (c) [10 marks] The table below shows some operational statistics of a rail transit company from 2013 to 2017 . Its revenue entirely comes from fare paid by passengers. (i) [2 marks] Identify the types of performance indicators (service input/ output/ consumption or state which kind of ratio it is). (ii) [2 marks] Compute and comment on the farebox recovery ratio. (iii) [3 marks] Compute and comment on the economy of scale with respective to service output. (iv) [3 marks] Compute and comment on the economy of scale with respective to service consumption