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Business theme 2
2.2
2.2.2
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Created by
Sophie alvis
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Cards (6)
selling price
the price a business charges for a
product
sales volume
the total volume of
sale
/
products
sold
sales revenue calculation
selling price
X number of
products
sold
fixed costs
costs which stay the
same regardless
of production / output
variable costs
costs relating to the
number
of
items
produced
variable costs calculation
variable cost per unit
X
units sold