A-level Paper 1, November 2020Markets and Business Behaviour

A-level Paper 1, November 2020, Q6(a)

Refer to Figure 1. Explain the likely effect of the change in subsidy levels between 2017 and 2018 on rail fares. Include a supply and demand diagram in your answer.

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Case study

The UK Rail Industry

Original diagram required. See the original question paper for the diagram.

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