The government transfers a regional bus service from government ownership to the private sector. Table 1 shows changes one year after the transfer.
| Measure | Before transfer | One year after transfer |
|---|---|---|
| Passenger journeys per bus worker per week | 180 | 198 |
| Average fare per journey | £2.40 | £2.55 |
Explain one benefit of this policy for the economy and one possible cost to passengers.
121 exam-style questions on OCR GCSE Economics 3.7 Supply side policies, covering 3.7.1 What are supply side policies and 3.7.2 Costs and benefits of supply side policies. Each one has a worked solution and a mark scheme showing where the marks go.