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.Total cost (TC), average total cost (ATC), fixed cost (FC), variable cost (VC), average fixed cost (AFC), average variable cost (AVC)Note: marginal cost is not requiredCalculation of TC, ATC, FC, VC, AFC, and AVC
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