A-level Paper 1, June 2023Markets and Business Behaviour

A-level Paper 1, June 2023, Q4(a)

With reference to the information provided, calculate the percentage change in the price of an annual season ticket.

Short answerCalculate2 marks

Context

An annual season ticket for a train journey between London and Reading is planned to increase from £5044 to £5 664 in 2023.

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Specification topics

Consumer and producer surplus

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