Question 11 mark
A bakery sells 10,000 pies a month at £4. It raises the price to £4.40 and sells 9,300. What happens to monthly revenue?
Edexcel 9BS0 lessons you work through, questions with the reason behind every answer, and feedback from Mia on written answers.
A bakery sells 10,000 pies a month at £4. It raises the price to £4.40 and sells 9,300. What happens to monthly revenue?
Break-even, margins, elasticity and investment appraisal, worked line by line.
Each wrong option names the slip that makes it tempting.
Write a 4, 8, 10, 12 or 20-marker and see the level it reaches and what lifts it.
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