Equations Flashcards by Evan Arthur | Brainscape

Q

What is the equation for Revenue

A

=Selling price * Number of units sold

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Q

What is the equation for Total costs

A

= fixed costs + variable costs

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Q

What is the equation for labour productivity

A

= output over time period/number of employees

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Q

What is the equation for capacity utilisation

A

= actual output/maximum possible output *100

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