single product limitation
What single product limitation means in Business A-Level, as defined for AQA.
Definition of single product limitation
Check what you remember
Read the wording for your board, then hide it and explain single product limitation in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A firm selling a range has to apportion fixed costs by judgement because the model covers only one product.
Topics that use single product limitation
- Analysing financial performance (AQA A-Level)
Related terms
- break-even output
- cash flow forecast
- contribution per unit
- contribution squeeze
- credit terms
- data reliability
- forecast risk
- gross profit margin
Using single product limitation in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Business questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
A week of Premium from your first lesson · Then the free plan continues · No card, no charge