Cambridge IGCSE Economics practice

Paper 2 structured question: Firms’ costs, revenue and objectives

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Paper

Marks

Topic

Firms’ costs, revenue and objectives

Exam-style question

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Paper 2Structured Questions2 marks

A firm experiences a decrease in sales from 300 units to 200 units at a constant price of $10.

Description

Discuss how this change in sales affects Total Revenue and Average Revenue.

a
Discuss the impact of the decrease in sales on Total Revenue and Average Revenue.
Your answer
Aim for approximately 2 distinct marking points.
[2]

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Paper 2Structured Questions2 marks

Description

Calculate the Total Revenue and Average Revenue for the company.

a
Calculate the Total Revenue and Average Revenue.
Your answer
Aim for approximately 2 distinct marking points.
[2]