Practice Exam Questions
Market for Electric Vehicles (Revision Essay Plan)
- A-Level, IB
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 16 May 2019
The market for electric vehicles is a superb one to study ahead of a microeconomics exam! There is lots to consider including price determination, market failure, possible government failure and the impact of government intervention in the market.
This video takes you through this 25 mark question: “Assess the argument that the UK government is justified in offering financial support to households and businesses wanting to purchase electric vehicles.”