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1. Business activity

Quick questions on Business growth - OCR 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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State the difference between a merger and a takeover. [2 marks]
What is q2?
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A firm's fixed costs are 20,00020{,}000 and variable cost is 55 per unit. Calculate the average cost per unit at an output of 4,0004{,}000 units. [2 marks]

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