Study Presentations
Business Profits and Losses
- Level:
- A-Level
- Board:
- AQA, Edexcel, OCR, IB
Last updated 21 Mar 2021
This is an updated revision presentation on business profits and losses
Students should be able to:
- Understand the distinction between normal and supernormal profit
- Explain and illustrate the concept of profit maximisation using marginal cost and marginal revenue
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