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

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

Which one of the following areas represents the change in producer surplus when a minimum price is imposed?

Multiple choice1 mark

Context

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

AFEPeP1
BFMP1
CGEPeP1
DGKP1

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Specification topics

Consumer and producer surplusGovernment intervention in markets

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