Outstanding Economics Revision Notes / Booklet covering:
- The Relationship between Price, Total Revenue and Marginal Revenue
- Fixed Costs, Variable Costs, Total Cost, Average Cost and Marginal Cost
- The Average Variable Cost Curve and the Average Fixed Cost Curve
- Diminishing Marginal Productivity
- The Short-Run Average Cost Curve and the Long-Run Average Cost Curve
- (Internal) Economies of Scale and Diseconomies of Scale
- External Economies of Scale
- Normal Profit and Supernormal Profit
- Profit Maximisation, Revenue-Maximisation and Sales Maximisation Strategies
- The Shut-down Point
- List of Key Terms / Definitions
Excellent Revision tool / notes that can be given to your students!
Specifically designed for EDEXCEL A-Level Economics, but also suitable for AQA.
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Comprehensive notes, and to the highest quality!
Fantastic Revision Notes! My students were very happy to be given this resource explaining all the Costs & Revenue diagrams , Objectives, Efficiencies, etc. I highly recommend!
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£5.00