(a)[4]
- Use the information in Fig. 1.1 to describe how the number of bus journeys in Great Britain changed from 1997/98 to 2017/18. [2]
- Using the information in Fig. 1.2, explain one change that you have identified. [2]
(b)[2]
Explain how opportunity cost may be applied to the Great British government’s decision to subsidise public transport.
(c)[2]
Explain whether public transport in Luxembourg has become a free good now that all prices have been removed.
(d)[6]
Discuss whether a minimum price for fuel would be effective in reducing congestion when demand for roads exceeds supply.
(e)[6]
Discuss whether making public transport free to consumers is the best way to allocate resources in public transport markets.