Skip to content
MathsGenie logo
Open app

Course home

  1. A Level
  2. Economics AQA
  3. Question bank

1.4 Production, costs and revenue

EasyMediumHard
12345678910111213141516171819202122232425262728293031323334353637383940414243444546474849505152535455565758596061
Question 55

Marcus's gourmet coffee cart in a business park sells fresh lattes. He has the following costs of production:

Cost ItemCost
Pitch rental£45 per day
Barista's wages£55 per day
Coffee beans, milk, and syrup£0.65 per cup
Disposable cup and lid£0.15 per cup

Assuming Marcus sells 80 cups of latte per day, what is the average cost of a cup of latte?

£1.25

£1.49

£1.90

£2.05

1.4 Production, costs and revenue Questions

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