4.4.1—Identify and classify costs
- Syllabus
- 0264–2027–2028
- Objective
- 4.4.1
- Level
- —
4.4.1—Identify and classify costs
- classify and calculate costs using examples, e.g. fixed, variable, average and total
- use cost data to help make simple decisions, e.g. which product to produce, whether to continue or stop production, what price to set, help choose suppliers
ConceptIGCSE Business Studies