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

Firms’ costs, revenue and objectives — practice question

The diagram illustrates a subsidy being imposed on a product supplied by a firm. Which area shows the firm’s total revenue, including the subsidy?

  • AEGHK
  • BOEKM
  • COFJL
  • DOGHM

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