Exam skills (Edexcel GCSE Business): Quizzes

📚Quizzes
Short-answer questions 1
Sign up to keep practising.Create a free account to play more quizzes and track your progress.

Practise the questions

12 questions from this quiz

Show

What do identify questions ask you to do?

Extract data from tables, charts or graphs

How many marks do identify questions typically carry?

1 mark

What is the break-even point?

Where total costs equal total revenue

Where do you find the break-even point on a graph?

Where total revenue & total costs cross

What is the break-even formula?

Fixed costs ÷ Contribution per unit

How many marks do outline questions typically carry?

2 marks

What must outline answers always relate to?

The specific business context given

How many marks do calculate questions typically carry?

2-5 marks

What should you always do first in calculate questions?

Write down the relevant formula

What is the formula for profit?

Total revenue - Total costs

What is the formula for total revenue?

Price × Quantity sold

What do command words tell you?

How to structure your response

Join 100,000+ GCSE students studying Quizzes with us.

Select your subjects, and get access to A+ resources today.