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Question 7

When demand for Mara Coffee Roasters' specialty coffee bags increased in 2022, the firm expanded its production capacity. Table 1 shows the weekly output and average cost per bag in Kenyan Shillings (Ksh) for 2021 and 2022.

Table 1

20212022
Weekly output (bags)600900
Average cost per bag (Ksh)1,2001,000

Calculate the change in weekly total costs in Kenyan Shillings (Ksh) between 2021 and 2022. You are advised to show your workings.

[3]

Business economics Questions

  1. IGCSE
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  3. /Business economics