Year 12s: what will be the first way you research your future options? >>

Year 12s: what will be the first way you research your future options? >>

Year 12s: what will be the first way you research your future options? >>

AQA AS BUSS 1 key terms for Calculating costs, revenues and profit

Price: the amount paid by a consumer to purchase one unit of a product
Total Revenue: the income received from an organisation’s activities.
Total Revenue= price x quantity
Profit: the difference between the income of a business and its total costs
Profit= total revenue – total costs
Fixed Costs: costs that do not vary directly with output in the short run
Variable Costs: costs that do vary directly with output in the short run
Total costs: the sum of fixed costs and variable costs

Sorry you've not had any responses about this. :frown:

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Are you sure you’ve posted in the right place? Posting in the specific Study Help forum should help get responses. :redface:

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I'm going to quote in Puddles the Monkey now so she can move your thread to the right place if it's needed. :h:

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