Exam (elaborations)
BTEC Business Studies Formulas and Keywords Unit 2 Exam Questions and Answers
- Module
- Institution
Revenue - Answer- The money coming into the business Fixed Costs - Answer- Costs that stay the same Variable Costs - Answer- Costs that change with output Total Costs - Answer- = Fixed Costs + Variable Costs Total Variable Costs - Answer- = Variable Cost * Quantity Profit formula - A...
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