PRODUCTION COSTS QUIZ

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Across
  1. 2. A business makes a …………. when its total income is less than its total expenses
  2. 5. A fixed monthly expense that a business pays for the cost of labour
  3. 7. The amount that a customer pays for a good or service.
  4. 9. Another term used for the cost of operating a business. Eg. Interest.
  5. 10. The cost incurred by a manufacturer for producing a good.
Down
  1. 1. A fixed monthly cost that a business pays for a policy to protect itself against financial losses.
  2. 3. A business makes a …………. when its total income is more than its total expenses
  3. 4. Money taken from the business for the owner’s personal use
  4. 6. The total amount of income generated by the sale of goods and services
  5. 8. A monthly cost that a business pays for using a premises that is not owned by the business.