Skip to content
MathsGenie logo
Open app

Course home

  1. IGCSE
  2. Economics Edexcel
  3. Question bank

Business economics

EasyMediumHard
123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354555657585960
Question 21

Using the data in Table 1, calculate the profit earned by the social enterprise when it sells 2,500 units. You are advised to show your working.

Table 1: Financial data for 2,500 units

QuantityTotal revenueTotal fixed costsTotal variable costs
2,500£62,500£18,000£24,500
[2]

Business economics Questions

  1. IGCSE
  2. /Economics
  3. /Business economics