Economics class: Royal Mail could cut deliveries to 3 days a week, says Ofcom
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Specification:
Demand, Supply, Government Intervention, Regulations, Microeconomics, Employment and Unemployment
Click to read the article and then answer the questions:
Royal Mail could cut deliveries to 3 days a week, says Ofcom
How much is Royal Mail reducing delivery by?
What effect does this reduction in delivery have on consumers?
What effect does this reduction in delivery have on jobs?
What effect will the cut in Saturday delivery have on businesses?
Research other cost-effective ways in which postal services can reduce costs/ increase profits without reducing delivery times
Draw a Demand and Supply diagram to show the effect a reduction in delivery will have on the demand of delivery drivers
Noaf Al-Diraa, Kings College Doha
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