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Financial terms and calculations answer explanations

Review worked answers and explanations for Financial terms and calculations. Questions are built from approved learning objectives for AQA GCSE Business.

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Finance

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Question 1

PixelPrint serves small retailers while taking a loan; the case evidence includes capacity utilisation of ?8,033, sales of 143 units, and a 26% change in costs or demand. Which option best applies Distinguish variable costs, fixed costs and total costs?