Economics 0455 · IGCSE · Demand

Demand — practice question

From 2014 to 2015, Sao Paulo, a major city in Brazil, built more than 120 km of cycle-only lanes next to roads. The city has a car culture, and demand for car travel is price-inelastic. By contrast, in Copenhagen, the capital of Denmark, 36% of commuter journeys are now made by bicycle, which has reduced the demand for car travel in the city.
(a)[2]

Define the term ‘price-inelastic demand’.

(b)[4]

Explain two reasons for a leftward shift of a demand curve.

(c)[6]

Analyse ways in which a government could encourage the purchase of bicycles.

(d)[8]

Discuss whether governments ought to discourage the use of cars.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: The percentage change in demand is smaller than the percentage change in price

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