Economics
Topics
Revenue maximization
Total revenue is maximised when marginal revenue = zero. This is the output at the mid-point of a linear demand curve and also where the price elasticity of demand = one. Total revenue = price per unit multiplied by quantity sold.
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Key Diagrams - Four Business Objectives in One Diagram
Student Videos
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Revenues, Costs and Profits (Revision Quizlet Activity)
Quizzes & Activities
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Explaining Price Elasticity of Demand and Total Revenue
Student Videos
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Internal Growth - Asda to open more shops at Issa brothers' petrol stations
6th September 2021
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Explaining Business Objectives
Study Notes
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Revenues and Profits - Selection of Revision MCQs
Practice Exam Questions
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Business Costs & Revenues Revision Quiz
Quizzes & Activities
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Costs Revenues and Profits - Key Terms
Study Notes
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Business Objectives
Student Videos
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Business Objectives: Maximisers and Satisficers
Study Notes
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Understanding Business Revenues
Study Presentations
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Analysis Diagram: Maximising Revenue
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Revenue in Perfectly Competitive Markets
Student Videos
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Seasonal and Ancillary Revenues for Businesses
Study Notes
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Business Objectives Short Answers
Student Videos
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Strategies to increase Business Revenues
Student Videos
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Total, Average and Marginal Revenue
Student Videos
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Business Revenues: Contextual examples from 2020
Student Videos
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Calculating Total Profit from Diagrams
Student Videos
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Test 1 - Edge in Economics Revision MC - Revenues and Costs
Student Videos
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Price Elasticity and Total Revenue
Student Videos
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Business Revenues
Study Notes
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Business Objectives and the Conduct of Firms
Student Videos
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Focus on Business Revenues
Study Notes
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Sales Revenue Maximisation
Study Notes
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Test 15: A Level Economics: MCQ Revision on Business Objectives
Practice Exam Questions
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Price Elasticity of Demand - Two Example Calculations
Student Videos
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Price and Total Revenue (Multiple Choice Question)
Practice Exam Questions
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Elasticity and Total Revenue (MCQ Revision Questions)
Practice Exam Questions
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GoPro's revenue growth is slowing as rivals enter the market
3rd February 2016
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Revenue growth as an objective for Twitter
29th July 2015
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Which crops are most profitable?
23rd November 2015