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

Maximum and minimum prices — practice question

The government imposes a congestion charge on motorists who drive their vehicles inside a designated urban zone. What impact will this have on the overall economic welfare of those who continue using their cars and of those who change to travelling by bus?

  • Aimpact on those who continue to use their cars: loss; impact on those who switch to buses: uncertain
  • Bloss; loss
  • Cuncertain; loss
  • Duncertain; uncertain

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