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1.4 Production, costs and revenue

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Question 15

Maya owns a boutique workshop that designs and crafts bespoke leather travel bags.

One year she sells 200 travel bags, her total revenue is £145 000, and her total costs are £95 000.

The average profit that Maya earns on each travel bag is:

£250

£475

£725

£1,200

1.4 Production, costs and revenue Questions

  1. A Level
  2. /Economics
  3. /1.4 Production, costs and revenue