A-LevelEconomicsThe price system and the microeconomy9708/12 · Oct/Nov 2018 · Q181 Mark
There have been recent calls for the UK government to nationalise its railways. What would not be a reason for nationalising the railways?
APrivate rail companies often charge high ticket prices.
BPrivate rail companies may exploit monopoly power.
CRailways are an essential part of national infrastructure.
DRailways should be treated as a public good.
✓ Correct answer
D: Railways should be treated as a public good.
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill The price system and the microeconomy and see which topics are most likely to come up next.
Sign up free →