Total costs - Answer Fixed costs + variable costs
Profit - Answer Total revenue - total costs
Variable costs - Answer Variable cost per unit x number of units sold
Total revenue - Answer Selling price per unit x number of units sold
Market capitalisation - Answer Share p...
A Level Business Equations AQA Exam
And Answers.
Total costs - Answer Fixed costs + variable costs
Profit - Answer Total revenue - total costs
Variable costs - Answer Variable cost per unit x number of units sold
Total revenue - Answer Selling price per unit x number of units sold
Market capitalisation - Answer Share price x number of shares
Net gain - Answer Expected value - initial cost of decision
Market growth - Answer (Change in size of market / size of market originally) x 100
Sales growth - Answer (Change in sales amount/ sales amount originally) x 100
Market share - Answer (Sales of one business/ total sales in the market) x 100
Price elasticity of demand - Answer % change in quantity demanded / % change in price
Added value - Answer Sales revenue - costs of bought in goods and services
Labour productivity - Answer Output / number of employees
Unit cost - Answer Total cost of production / number of units produced
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