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Economics (AS & A Level) · May / June 2024 · Paper 33 · Question 12

9708Government policies to achieve efficient resource allocation and correct market failure

What would supporters of a nationalised public transport service expect to be the most likely outcome from the privatisation of train and bus services?

  1. Afewer destinations served by trains and buses
  2. Blower fares
  3. Cmore frequent services to all destinations
  4. Dmore people employed in public transport services

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Correct answer: A. fewer destinations served by trains and buses

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