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2.3 Aggregate supply (AS)

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Question 4

A consortium of manufacturing and logistics firms has urged the government to accelerate funding for 'Project Apex Logistics'. This automated freight rail network, costing £42 billion, aims to connect 80% of the nation's major industrial hubs, reducing average freight transit times by up to 45%.

Explain one likely impact of this project on aggregate supply in the economy.

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2.3 Aggregate supply (AS) Questions

  1. A Level
  2. /Economics
  3. /2.3 Aggregate supply (AS)

31 exam-style questions on Edexcel A A Level Economics 2.3 Aggregate supply (AS), covering 2.3.1 The characteristics of AS, 2.3.2 Short-run AS, and 2.3.3 Long-run AS. Each one has a worked solution and a mark scheme showing where the marks go.

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