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3.7 Costs, revenue, and objectives

Unit 3.7 - Firms" costs, revenue, and objectivesThis section of the Cambridge IGCSE Economics (0455) syllabus covers the following topics. Click on the relevant hyperlinks to access the resources.SectionTitleGuidance3.7.1Definition of costs of productionTotal cost (TC), average total cost (ATC), fixed cost (FC), variable cost (VC), average fixed cost (AFC), average variable cost (AVC)

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