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Card 6
Front
6) Direct costs: e.g labour, raw ......... + .........
Back
Card 7
Front
7) Indirect costs: general ......... (e.g telephone ..... , s....... , r...
Back
Card 8
Front
8) Costs can be ..... or ........
Back
Card 9
Front
9) Fixed - have to be .... even if the firm produces .......
Back
Card 10
Front
10) Fixed - mostly ........ costs
Back
Card 11
Front
11) Variable - costs that will ........ as the firm ....... output
Back
Card 12
Front
12) Variable - mostly ...... costs
Back
Card 13
Front
13) Some costs are ....-........ (e.g most workers have a basic ...... and only part of their pay is linked to ......)
Back
Card 14
Front
14) Fixed costs are only ..... for a ..... period of ....
Back
Card 15
Front
15) Average cost = ..... cost ÷ ......
Back
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