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Cambridge IGCSE Economics

3.6.3-3.6.4Revenue

Revenue in Cambridge IGCSE Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic13 practice questions1 lesson

Learning objectives

What the syllabus expects you to be able to do.

  1. 3.6.3Define total revenue and average revenue.
  2. 3.6.4Calculate total and average revenue and explain how sales influence revenue.

Lessons

  • Revenue: total, average and marginal revenue

    30 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Revenue: sample question

1 mark

A fictional honey producer near Chimanimani sells 640 jars a month at US$3.50 each. Calculate its total revenue for the month.

Complete: US$ …

Only if the answer has a unit, e.g. cm or km/h.

Turn Revenue into a strength.

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