Micro firms
Across
- 4. Total variable costs + total fixed costs
- 7. An example of a fixed cost (a tax on business property)
- 8. Total fixed costs divided by quantity
- 9. MR=0
- 11. A company that operates in unrelated markets
- 12. A small, specialized market for a particular product or service
Down
- 1. MR=MC
- 2. The revenue generated per unit of output sold
- 3. The addition to revenue of an extra unit of output
- 5. A company that operates in different countries
- 6. A growth type facilitated by inward investment
- 10. The addition to cost of an extra unit of output