Economics 0455 · IGCSE · Firms’ costs, revenue and objectives

Firms’ costs, revenue and objectives — practice question

The table gives the firm’s average revenue at different output levels. As output increases, what happens to total revenue?

  • ATotal revenue falls and then rises.
  • BTotal revenue falls continuously.
  • CTotal revenue rises and then falls.
  • DTotal revenue rises continuously.

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI