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

Firms’ costs, revenue and objectives — practice question

The diagram illustrates a firm’s fixed costs, variable costs and total costs. Which distance shows the firm’s fixed costs?

  • AWX
  • BWY
  • CXY
  • DXZ

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