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gcse economics - business finance - types of costs
18.08.2008
OUTPUT The number of goods produced. E.g. if one car is produced it is one unit of output, if 100 cars are produced it is 100 units of output. FIXED COSTS Costs of production that do not vary with output. They stay the same regardless of h...

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Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
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