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Card 1 of 26

What is the formula for added value?

A
Added Value=Sales Revenue−Cost of bought−in inputs Added\ Value = Sales\ Revenue - Cost\ of\ bought-in\ inputs Added Value=Sales Revenue−Cost of bought−in inputs
B
Added Value=Sales Revenue−Total operating costs Added\ Value = Sales\ Revenue - Total\ operating\ costs Added Value=Sales Revenue−Total operating costs
C

The business has high overheads (e.g., expensive marketing, high rent, or high wages).

D
Added Value=Cost of bought−in inputs−Sales Revenue Added\ Value = Cost\ of\ bought-in\ inputs - Sales\ Revenue Added Value=Cost of bought−in inputs−Sales Revenue

Card 1 of 26

Added value Flashcards

  1. A Level
  2. /Business
  3. /Added value

26 flashcards on Eduqas A Level Business Added value: the key terms, formulae and case studies you need to recall for Component 1, Component 2 and Component 3.

Flashcards