Revenue - Money coming into the business through selling goods / services, Variable Costs - Costs that change with the amount of goods produced, Fixed Costs - Costs that do not change with production, Total Costs - All costs added together, Formula for Revenue - Selling Price X Number of Units Sold, Formula for Total Costs - Total Variable Costs + Total Fixed Costs, Formula for Profit - Sales Revenue – Total Costs,

Revenue, Costs and Profit - adapted for 10H

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