Cost for firms 0.0 / 5 ? EconomicsThe company, revenue and costsA2/A-levelOCR Created by: Tango21Created on: 02-04-17 13:17 6102417895 Across 1. What the firm receives for the sale of its products (5, 7) 4. A return above normal profit - a surplus payment (11, 6) 5. The addition to total revenue from the production of one extra unit (8, 7) 7. In the s.... r... at least one factor of production is fixed (5, 3) 9. Total Revenue-Total Costs (5, 6) Down 1. Need to invest in high t......... in order to enter the market (10) 2. Legal Protection to prevent copy write of products (7) 6. When total income or revenue for a firm is greater than total costs (7) 8. In the l... r.. all four factors of production are variable (4, 3) 10. If you don't have a recognizable brand it will be harder to enter the market (5, 7)
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