Key Terms

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Across
  1. 4. the day-to-day costs a business pays when it is trading
  2. 5. occur when a business' costs are greater than its revenue
  3. 6. how much a product is sold by a business over a certain period of time
  4. 8. the point when the business' revenue is equal to its costs
  5. 9. the value of fixed costs added to variable costs
  6. 10. occur when a business' revenue is greater than its costs
Down
  1. 1. costs that will change when a businesses output goes up or down
  2. 2. the amount a business asks a customer to pay for the product
  3. 3. the charges paid by a business to provide its product and operate
  4. 7. costs the business paid when it is first launched
  5. 11. costs that do not change when a businesses output goes up or down