Economics 9708 · AS & A Level · Demand and supply curves

Demand and supply curves — practice question

The demand curve in the diagram shows how many passenger journeys by train are made each week on a route. At first, the fare is OP, but it is then lowered by PW. Which area shows the expenditure on the additional journeys caused by the lower fare?

  • AVUT
  • BPWTV
  • CVRST
  • DURST

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