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Card 16

Front

What are total costs?

Back

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Card 17

Front

How do you calculate the unit cost?

Back

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Card 18

Front

What is marginal cost?

Back

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Card 19

Front

Define social cost. Give an example

Back

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Card 20

Front

What is an opportunity cost? give an example

Back

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Card 21

Front

What is contribution?

Back

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Card 22

Front

How do you work out contribution?

Back

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Card 23

Front

How do you calculate contribution per unit?

Back

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Card 24

Front

How do you calculate the total contribution?

Back

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Card 25

Front

What is breakeven?

Back

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