Economics 9708 · AS & A Level · 7.7

7.7 — practice question

The table presents information for a bus company that was privatised in 2013. year revenue $000 passenger journeys percentage change from previous year (%) 2012 470 +5 2013 495 +2 2014 430 –2 2015 440 –1 What is the most likely conclusion that may be drawn from the data?

  • AAverage prices were higher in 2012 than 2015.
  • BAverage prices were higher in 2015 than 2014.
  • CThe number of passenger journeys remained the same since privatisation.
  • DProfits have increased since privatisation.

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