Assess whether bus and local rail systems in cities should receive substantial subsidies from governments. Section C Answer one question. EITHER

Economics

IGCSE&ALevel

CAIE

Exam No：9708_w23_qp_23 Year：2023 Question No：3(b)

Answer:

3.1.2 addressing the over-consumption of demerit goods and the under-consumption of merit goods

3.2.2 impact and incidence of subsidies

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