1.4 Production, costs and revenue

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Question 47

Chloe sells artisan cups of coffee at a weekend market. In a typical weekend, she sells 400 coffees at £3.50 each and her total costs are £600. One weekend she is unwell and does not open her stall, so she sells zero coffees but still incurs total costs of £150.

What are her variable costs in a typical weekend?

£150

£350

£450

£600

1.4 Production, costs and revenue

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Question 47

Chloe sells artisan cups of coffee at a weekend market. In a typical weekend, she sells 400 coffees at £3.50 each and her total costs are £600. One weekend she is unwell and does not open her stall, so she sells zero coffees but still incurs total costs of £150.

What are her variable costs in a typical weekend?

£150

£350

£450

£600

1.4 Production, costs and revenue

Question 47

1.4 Production, costs and revenue Questions

1.4 Production, costs and revenue

Question 47

1.4 Production, costs and revenue Questions