A-level Paper 3, November 2021Microeconomics and Macroeconomics

A-level Paper 3, November 2021, Q1(b)

Examine two reasons why the demand for HCWs increases during a period when consumer ‘incomes fail to keep up with inflation’ (Extract A line 8).

Data responseExamine8 marks

Case study

Hand car wash (HCW) firms in the UK

Specification topics

Price, income and cross elasticities of demandInflation

Revision notes

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