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3.3 Revenues, costs and profits

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Question 1

FlexFit Premium is an on-demand home fitness streaming platform that distributes structured workout programs and live-streamed classes to members worldwide.

PeriodFlexFit Premium Subscribers (million)
October 20215.2
January 202212.8
April 202218.5
July 202224.0

Ceteris paribus, the most likely consequence of the trend shown in the table is that FlexFit Premium will experience an increase in its:

fixed costs

price elasticity of demand

total revenue

income elasticity of demand

3.3 Revenues, costs and profits Questions

  1. A Level
  2. /Economics
  3. /3.3 Revenues, costs and profits