Paper 1 real-world example: Demand, supply, PED and barriers to entry
Question paper Markscheme answers For many holidaymakers, there is a ritual when you reach your holiday destination airport, after retrieving your luggage and emerging from the arrivals lounge, you go to pick up your hire car. This can be a tortuous process that involves a shuttle bus to a nearby industrial area where you then queue for what seems like hours to finally get to the hiring company’s desk where they try...