Economics 9708 · AS & A Level · Maximum and minimum prices

Maximum and minimum prices — practice question

The diagram illustrates the market for eye tests. Which policy would allow the government to raise the quantity of eye tests from OQ1 to OQ2?

  • Aa maximum price of OP3 per test
  • Ba minimum price of OP2 per test
  • Ca subsidy paid to opticians of P3–P2 per test
  • Da subsidy paid to opticians of P3–P1 per test

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