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3.6 Government intervention

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Question 28

The average UK annual household electricity bill rose by 70% from £1,200 in 2021 to £2,040 in 2023.

Evaluate possible methods of government intervention to control household electricity bills in the UK.

A microeconomics market diagram showing a price ceiling (maximum price) set below the equilibrium price.

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3.6 Government intervention Questions

  1. A Level
  2. /Economics
  3. /3.6 Government intervention