Costs, revenues and profit 1.0 / 5 based on 1 rating ? EconomicsCosts, revenues and profitGCSEOCR Created by: kim.sisnerosCreated on: 08-06-15 16:43 FC costs that do not vary with output 1 of 7 VC costs that vary directly 2 of 7 TC total fixed costs + total variable costs 3 of 7 P total revenue - total costs 4 of 7 O the number of goods or services provided by a firm 5 of 7 TR price x quantity sold 6 of 7 C money a business spends on running a business 7 of 7
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