Costs and Revenues

Edit Answers
12345678910
Across
  1. 2. The addition to cost as we produce one extra unit
  2. 3. The total amount spent on producing a good
  3. 6. TR-TC
  4. 7. Cost per unit
  5. 8. This cost does not change as output changes
  6. 9. TotalRevenue/ Quantity
  7. 10. TR = TC
Down
  1. 1. The gain in revenue as we sell one extra unit
  2. 3. Price x Quantity
  3. 4. TC is greater than TR
  4. 5. This cost increases as output increases