Business GCSE
Impact of changes in revenue and costs
What Impact of changes in revenue and costs means in Business GCSE, as defined for Pearson Edexcel.
Definition of Impact of changes in revenue and costs
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Reference: Pearson Edexcel
An increase in variable costs steepens the total cost line, raising the break-even point, while a higher selling price steepens the revenue line, lowering the break-even point.
Topics that use Impact of changes in revenue and costs
- Business revenues, costs and profits (Pearson Edexcel GCSE)
Related terms
Using Impact of changes in revenue and costs in the exam
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