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3.3.2 Costs

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Question 3

For an artisanal sourdough bakery, the average selling price of a loaf of bread is £4.50. The average variable cost is 30% of the selling price, and its fixed cost per day is £250.

Calculate the total costs per day assuming the bakery produces 200 loaves of bread per day.

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Markscheme

3.3.2 Costs Questions

  1. A Level
  2. /Economics
  3. /3.3.2 Costs

19 exam-style questions on Edexcel A A Level Economics 3.3.2 Costs. Each one has a worked solution and a mark scheme showing where the marks go.

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