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Qualifications Edexcel GCSE Business 1.3 Putting a business idea into practice

1.3.2 Business revenues, costs and profits - Guided Learning

Read the revision notes one at a time, with a quick check after each one. Get one wrong and you can look back at the note and try again, then there's a final round of the ones you missed.

  1. Revenue
  2. Cost
  3. Fixed, variable and total costs
  4. Profit as a reward
  5. Break-even level of output
  6. Margin of safety
  7. Break-even diagrams
  8. Changes in revenue and costs on break-even diagrams
  9. Interest rates
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