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    Business A-Level

    Total cost

    What Total cost means in Business A-Level, as defined for AQA.

    Definition of Total cost

    Check what you remember

    Read the wording for your board, then hide it and explain Total cost in your own words. Rough notes are fine. This is a self-check, with no mark or grade.

    Reference: AQA

    Fixed cost plus variable cost per unit multiplied by output.
    AQA · Understanding the nature and purpose of business (study guide)

    Topics that use Total cost

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    Using Total cost in the exam

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    All Business A-Level terms