Skip to content

Course home

Sign up

3.4 Price stability

EasyMediumHard
123456789101112131415161718192021
Question 14

A cinema ticket costs £12.50. The cinema expects to raise the ticket price by the rate of inflation, which is 4% over the next year.

Calculate the increase in the price of the ticket.

[1]
Markscheme

3.4 Price stability Questions

  1. GCSE
  2. /Economics
  3. /3.4 Price stability

62 exam-style questions on OCR GCSE Economics 3.4 Price stability, covering 3.4.1 Price stability and inflation, 3.4.2 Measuring inflation with CPI, 3.4.3 Calculate the effect of inflation, 3.4.4 Analyse inflation figures, and 3.4.5 Causes and consequences of inflation. Each one has a worked solution and a mark scheme showing where the marks go.

Question bank