AS Paper 1, June 2025Introduction to Markets and Market Failure

AS Paper 1, June 2025, Q5(a)

Which one of the following factors may cause a shift in demand for new cars?

Multiple choice1 mark

Context

In March 2019, 458 054 new car registrations were made, which subsequently fell by 44% in March 2020 due to the impact of the global health crisis. Demand for new vehicles can change quickly and can be caused by a variety of factors.

AAdvertising
BCost of production
CIndirect taxes
DSubsidy to producers

Specification topics

Revision notes

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