Worksheet - costs & revenues
Worksheet - Unit 3.2 Costs and revenues
The table below shows some changes in costs and revenue as output changes.
- Complete the table below by filling in the gaps. (4 marks)
Costs & Revenues ($)
- Identify the total fixed costs. (1 mark)
- Calculate the selling price of the product. (2 marks)
- Calculate the average variable cost. (2 marks)
Download the Worksheet - costs & revenues in PDF format.
Check your work by checking the answers here.