Business GCSE
Fixed and variable costs
What Fixed and variable costs means in Business GCSE, as defined for AQA.
Definition of Fixed and variable costs
Check what you remember
Read the wording for your board, then hide it and explain Fixed and variable costs in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Fixed costs do not change with output, while variable costs rise as output increases.
Topics that use Fixed and variable costs
Related terms
- Access to customers
- Adaptation and reaction
- Adaptation to change
- Advertising
- Balancing
- Batch Production
- Brand awareness
- Brand awareness and image
Using Fixed and variable costs 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.
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