Across
- 2. always less than the total cost except on the first unit
- 3. The only cost that can be zero
- 4. It is a type of product which can be used to check the number of units produced in a production unit
- 6. Ask for sacrifice made
- 8. When a firm attains this type of profit, then we can conclude that the firm is performing very well
- 9. In the accounting sense, it is the disposable income
- 12. Easy to identify, audit and record due to it's paper trial
- 14. This revenue follows the law of diminishing returns
- 16. Useful for computing the projected amount of revenue that sales will bring in
- 17. this cost is not in the company's hands to change
- 18. Only meant for internal uses, businesses can use to determine to enter or stay in a particular market
- 20. Important to keep track of this cost because it has the tendancy to hide itself without being noticed
Down
- 1. It is closely tied with Total product and height of TP is at max when it is equal to 0
- 5. It is an inverted U-shaped curve which has all the products under it
- 7. cost that can't be recovered
- 10. I am the income of a firm inconsiderate of the expenses incurred
- 11. This is a type of profit and it shows that a firm has attained its break-even point
- 13. If you know this cost, you know how much you need to make to keep the lights on
- 15. It is a scale which can be used to find the minimum point to achieve the economies of scale for a firm
- 19. to know the price of the product or asset is easy but this provides the info about hidden cost