Explain why the price of average tickets has risen by £10 in the last month. Use a supply and demand diagram. (5 marks)
This is an example of a 5 marker in the second part of new spec edexcel paper 1
1 mark for defining supply and demand
1 mark for applying it to context (text provided in the exam)
3 marks for diagram (original equilibrium, shifts and new equilibrium)
JS
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