Zusammenfassung der Ressource
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Income earned by a business over a period of time.https://www.goconqr.com/assets/icons/trash-ellipse.png
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Revenue
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Profit
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Items
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Cashflow
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Were do businesses earn most of there income from?
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What is the calculation for revenue (formula)
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Revenue= Quantity x Price.
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Revenue=Fixed cost x Variable cost.
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Revenue= Quantity / Price.
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Revenue= Fixed cost / Variable cost.
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Variable costs are costs that will increase as the firm expands.
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Variable costs are costs that will decrease as the firm expands.
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Fixed costs are only fixed over a _____________________ - an expanding firm's fixed costs will go up.
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Short period of time.
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Long period of time.