More cards in this set

Card 6

Front

Business B a has variable costs of £5,000 for a month and fixed costs of £2,300. What is business B's total costs for the month?

Back

Preview of the front of card 6

Card 7

Front

Business B has an output of 20,000 products at a total cost of £30,000. What is the average cost?

Back

Preview of the front of card 7

Card 8

Front

Business A sells 20,000 products in a month for £2 each, for the same months its total costs are £30,000. How much profit does it make in the month?

Back

Preview of the front of card 8