Quiz: Profit as a Business Objective
AQA A-Level Business (7132)
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Building on what you've learned about why businesses exist, let's explore profit as a business objective!
What is profit?
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Which of the following can increase profit? (Select all that apply)
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Profit is the {{blank0}} between total revenue and total {{blank1}}.
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Match the items on the left with their correct pairs on the right
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A business earns £10,000 in revenue and has £7,000 in costs. What is the profit?
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Why is profit important for businesses?
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A business has £500 in revenue and £300 in costs. Which of the following are true? (Select all that apply)
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Match the items on the left with their correct pairs on the right
Which type of cost remains constant regardless of output?
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