In 2024, the regional transit authority announced that the maximum single fare for municipal bus travel in the metropolitan area will be capped at £2.00.
Explain one likely reason for the maximum price for a single metro bus journey.
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Markscheme
1.4.1 Government intervention in markets Questions
16 exam-style questions on Edexcel A A Level Economics 1.4.1 Government intervention in markets. Each one has a worked solution and a mark scheme showing where the marks go.