AS Paper 1, June 2019Introduction to Markets and Market Failure

AS Paper 1, June 2019, Q6(d)

Calculate the annual revenue raised by charging £12 per GP visit. Assume there will be 450 million GP visits per year and 90% of these will not be charged. You are advised to show your working.

Data responseCalculate4 marks

Case study

Health provision

Specification topics

Government intervention in markets

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