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Card 6

Front

What is revenue?

Back

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Card 7

Front

Total revenue =

Back

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Card 8

Front

The two main ways for a business to increase revenues are :

Back

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Card 9

Front

Costs

Back

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Card 10

Front

Costs are important because they ...

Back

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Card 11

Front

Variable costs

Back

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Card 12

Front

Fixed costs

Back

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Card 13

Front

Semi-fixed costs

Back

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Card 14

Front

Total costs (TC) =

Back

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Card 15

Front

Problems with estimating costs

Back

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