Other questions in this quiz

2. the formula for contribution per unit?

  • Fixed Costs ÷ (selling price per unit- variable cost per unit)
  • selling price per unit- variable cost per unit
  • Variable cost x fixed costs + profit

3. Factors two things would cause a shift in supply?

  • Changes in costs of Production & changes in Government legislation Tax
  • Changes in Income & changes in FTP's
  • Changes in population & changes in population

4. Which one of these is a motive for becoming an entrepreneur?

  • Money
  • Woman
  • Cars

5. A cost that change with the level of output?

  • Expenditure
  • Variable Costs
  • Overheads
  • Fixed Costs



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