1.2 How markets work

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Question 8

Figure 2: Annual rides on the city-wide bike-sharing scheme in Metroville, millions (2012–2022)

Year	Annual Rides (millions)
2012	14.2
2015	17.8
2018	13.5
2020	19.6
2022	21.4

With reference to Figure 2, examine two possible factors which may have influenced the demand for Metroville's bike-sharing scheme since 2018.

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