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

Maximum and minimum prices — practice question

The diagram illustrates three possible tax schemes.

  • AX is more progressive than Z.
  • BX, Y and Z are all proportional.
  • CY is the only proportional tax.
  • DZ is more regressive than Y.

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI