Skip to content
Get Revising
Search:
Keyword:
Go
Subject
Resource type:
Resource type (all)
Flashcards
Revision cards
Revision notes
Quizzes
Mindmaps
Crosswords
Organise your thinking
Quizsearches
Shared resources
Join
Join Get Revising
Start learning now
Already a member?
Please sign in
Email address
Password
Forgotten your password?
Remember my details
Log in
Create
GCSE
A Level & IB
University
Study planner
Past papers
For teachers
More cards in this set
Card 16
Front
The fixed and variable costs of a particular level of production added together.
Back
Card 17
Front
The cost of each unit produced or provided.
Back
Card 18
Front
Reach a point in the business venture when the profits are equal to the costs.
Back
Card 19
Front
A prediction about the break even level of output based on estimates of future sales revenues and costs.
Back
Card 20
Front
The amount by which a business actual output is greater than it's break even output.
Back
Card 21
Front
When a business increases it's scale of production, which leads to a fall in the average costs of production.
Back
Card 22
Front
A business saves on production costs by using better methods and equipment.
Back
Card 23
Front
A business can employ specialist managers who improve efficiency.
Back
Card 24
Front
A business does not have to pay out as much money to raise the finance.
Back
Card 25
Front
A business has a range of products or services, so is not dependent on one product.
Back
View more cards
