Other questions in this quiz

2. Fixed costs

  • The number of items or products or services sold by a business over a period of time.
  • TC = FC + VC Total Costs = Fixed Costs + Variable Costs
  • Costs which do not vary with the output produced such as rent, business rates, advertising costs, administration costs and salaries.
  • All the costs of a business; it is equal to fixed costs plus variable costs.

3. goodbye record

  • LOL>
  • lol
  • LOL
  • LOL

4. what is quantitive data?

  • A list of questions to be answered by respondents, designed to gather information about consumers’ tastes.
  • Data that can be expressed as numbers and can be statistically analysed.
  • Information about opinions, judgements and attitudes.

5. what is a Entrepreneur

  • A person who owns and runs their own business and takes risks.
  • tai lopez
  • someone who has a bussiness and sells it


No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all Business environment resources »