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EnglandBusinessQuick questions

4. Finance

Quick questions on Revenue, costs, profit and loss - Eduqas GCSE Business

2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?
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A business sells 2,0002{,}000 units at 99 each. Calculate its revenue. [1 mark]
What is q2?
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Fixed costs are 30,00030{,}000, variable cost is 55 per unit, output is 4,0004{,}000 units. Calculate the total cost. [2 marks]

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