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3.4.5 Monopoly

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Question 9

Figure 3: Price of a single return ferry crossing, Penzance to St Mary's, Saturday 12th July 2025 09:00 hours

Ticket TypeTicket Price
Standard Tourist£92.00
Local Resident (with Island Pass)£38.50

Using the data in Figure 3 and your economic knowledge, discuss the likely benefits of price discrimination to ferry passengers. Use a diagram to support your answer.

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Markscheme

3.4.5 Monopoly Questions

  1. A Level
  2. /Economics
  3. /3.4.5 Monopoly

30 exam-style questions on Edexcel A A Level Economics 3.4.5 Monopoly. Each one has a worked solution and a mark scheme showing where the marks go.

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