A-level Paper 1, June 2017Markets and Business Behaviour

A-level Paper 1, June 2017, Q3(a)

Calculate the total domestic cooking gas subsidy paid daily by the Indian government. You are advised to show your working.

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Context

The Indian government has introduced a subsidy on domestic cooking gas cylinders in the city of Mumbai. The diagram below shows the effect following the introduction of the subsidy. Price per cylinder (Rupees)

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