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Pearson Edexcel IAL Economics 3.3.2.1a Formulae to calculate & understan

Practise calculating and interpreting total, average and marginal revenue from tables, diagrams and business data extracts.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
A2

Exam points

  • calculate revenue changes or marginal revenue from tables of sales and total revenue
  • interpret total revenue curves for competitive and imperfectly competitive firms

3.3.2.1a - Formulae to calculate and understand the relationship between: • total revenue • question 1

[Maximum number: 1]

The table shows the number of international subscribers for Netflix and its total revenue for Q4 in the years 2017 to 2020.

Table for Question 3.3.2.1a - Formulae to calculate and understand the relationship between: • total revenue • question 1 — Edexcel A-Level Economics A2

Which one of the following can be deduced from the table?

A

Average revenue was $32.62 in Q4 2017

B

Average revenue was $29.70 in Q4 2018

C

Average revenue was $32.72 in Q4 2019

D

Average revenue was $30.07 in Q4 2020

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