Which of the following is an example of INTERNAL finance?
Selling new shares to outside investorsA bank loan secured against business premisesSelling surplus equipment the business no longer needsTrade credit from a supplier
2
Which of the following correctly calculates a firm's average (unit) cost?
Total fixed cost ÷ Total variable costTotal cost × Quantity producedTotal cost ÷ Quantity producedPrice × Quantity produced
3
Which of the following correctly calculates a firm's contribution per unit?
Selling price − total costSelling price − variable cost per unitTotal revenue − total costFixed costs ÷ contribution per unit
+ 12 more questions in the game.
Practice
Markets, Consumers & Firms: The market
A-level15 questions· Core
Plays in 13 of 17 game modes, including Gold Rush, Big Catch and Fossil Hunt.
Which of the following is an example of INTERNAL finance?
A bank loan secured against business premisesTrade credit from a supplierSelling surplus equipment the business no longer needsSelling new shares to outside investors
2
Which of the following correctly calculates a firm's average (unit) cost?
Total cost × Quantity producedPrice × Quantity producedTotal cost ÷ Quantity producedTotal fixed cost ÷ Total variable cost
3
Which of the following correctly calculates a firm's contribution per unit?
Selling price − total costSelling price − variable cost per unitFixed costs ÷ contribution per unitTotal revenue − total cost
+ 12 more questions in the game.
Practice
Markets, Consumers & Firms: Revenue, costs and profits
A-level15 questions· Core
Plays in 13 of 17 game modes, including Gold Rush, Big Catch and Fossil Hunt.
Which of the following is an example of INTERNAL finance?
A bank loan secured against business premisesSelling surplus equipment the business no longer needsTrade credit from a supplierSelling new shares to outside investors
2
Which of the following correctly calculates a firm's average (unit) cost?
Price × Quantity producedTotal fixed cost ÷ Total variable costTotal cost ÷ Quantity producedTotal cost × Quantity produced
3
Which of the following correctly calculates a firm's contribution per unit?
Selling price − variable cost per unitFixed costs ÷ contribution per unitTotal revenue − total costSelling price − total cost
+ 12 more questions in the game.
Practice
Markets, Consumers & Firms: Role of credit
A-level15 questions· Core
Plays in 13 of 17 game modes, including Gold Rush, Big Catch and Fossil Hunt.
Which of the following is an example of INTERNAL finance?
Selling new shares to outside investorsSelling surplus equipment the business no longer needsA bank loan secured against business premisesTrade credit from a supplier
2
Which of the following correctly calculates a firm's average (unit) cost?
Total cost × Quantity producedPrice × Quantity producedTotal cost ÷ Quantity producedTotal fixed cost ÷ Total variable cost
3
Which of the following correctly calculates a firm's contribution per unit?
Selling price − variable cost per unitSelling price − total costTotal revenue − total costFixed costs ÷ contribution per unit
+ 12 more questions in the game.
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