Extract D (lines 12–14) states: ‘As municipal clean air zones expanded alongside rapid improvements in battery technology and a structural shift towards zero-emission home deliveries, there was a surge in demand for electric cargo bikes (e-cargo bikes).’
Explain possible reasons for an increase in the demand for electric cargo bikes (e-cargo bikes).
256 exam-style questions on AQA A Level Economics 1.3 Price determination in a competitive market, covering 1.3.1 The determinants of the demand for goods and services, 1.3.2 Price, income and cross elasticities of demand, 1.3.3 The determinants of the supply of goods and services, 1.3.4 Price elasticity of supply, 1.3.5 The determination of equilibrium market prices, and 1.3.6 The interrelationship between markets. Each one has a worked solution and a mark scheme showing where the marks go.