Economics 2281 · O Level · Firms' costs, revenue and objectives

Firms' costs, revenue and objectives — practice question

The diagram illustrates the fixed costs, variable costs and total costs of a firm at output $S$. Which distance indicates the firm’s variable costs?

  • APQ
  • BPS
  • CQR
  • DQS

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