What is the formula for revenue?
Revenue=profit per unit×quantity sold\text{Revenue}=\text{profit per unit}\times\text{quantity sold}Revenue=profit per unit×quantity sold.
Revenue=selling price per unit×total costs\text{Revenue}=\text{selling price per unit}\times\text{total costs}Revenue=selling price per unit×total costs.
Revenue=selling price per unit−quantity sold\text{Revenue}=\text{selling price per unit}-\text{quantity sold}Revenue=selling price per unit−quantity sold.
Revenue=selling price per unit×quantity sold\text{Revenue}=\text{selling price per unit}\times\text{quantity sold}Revenue=selling price per unit×quantity sold.
Flashcards for Eduqas A Level Business Business revenue and costs, covering the key terms, formulae and case studies you need to recall for Component 1, Component 2 and Component 3. 23 cards, matched to the Eduqas A Level Business (A510QS) specification.