Unlock the Editor’s Digest for free
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here.
Read our full range of economics picks here.
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
