This 3 page document guides students through costs, including sunk, variable, fixed, average, marginal and total costs. It covers numerical, graphical and conceptual analysis. It is designed to be used to help students to make notes on the topic, but would also work as an assessment.
Suggested answers are also included.
This product is also available as part of Production, Costs, Revenue and Profits Note Taking Pack, and also the Production, Costs, Revenues and Profits mega-bundle. I've written a blog post about the latter, so if you want to know a bit more about the products, check it out.
Short Run Costs Guided Note Taking
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This download is licensed to either an individual or a department.
As an individual, you may carry the resource from school to school but not share with colleagues.
As a department, you may share with colleagues but not share the resource between schools. Schools within a MAT must purchase separate copies of this resource.
You may place on a secured VLE for educational purposes, but please don't post it elsewhere on the web, for example on a school website.
You may not sell any part of this resource.