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business > Equations for all of business > Flashcards

Equations for all of business Flashcards

1
Q

what is the equation for revenue ?

A

selling price
×
quantity units sold

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2
Q

what is the equation for fixed costs ?

A

variable costs

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3
Q

what is the equation for variable costs ?

A

variable costs per unit
×
number of units sold

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4
Q

what is the equation for total costs ?

A

FC
+
VC

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business (10 decks)

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