6. 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?
- £7,300
- £7,500
- £8,400
7. Business B has an output of 20,000 products at a total cost of £30,000. What is the average cost?
- £1.50
- £1.75
- £2.00
8. 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?
- £20,000
- £10,000
- £30,000
