Edexcel A2 Level Economics Graphs
[ Enter Name ]
,Total Revenue when Price is Falling
R
TR
AR
Q
MR
,Effect of the changes in Variable Cost
MC1
C/R AC1
MC
AC
P1
#
P
C1
C
AR
Q
Q1 Q Q
MR
• VC increases : MC and AC increases (shown above)
• VC decreases : MC and AC decreases
, Effect of the changes in Fixed Cost
C/R AC1
MC
AC
P1
7
C1
C
AR
Q
Q
MR
• FC increases : AC increases (shown above)
• FC decreases : AC decreases
[ Enter Name ]
,Total Revenue when Price is Falling
R
TR
AR
Q
MR
,Effect of the changes in Variable Cost
MC1
C/R AC1
MC
AC
P1
#
P
C1
C
AR
Q
Q1 Q Q
MR
• VC increases : MC and AC increases (shown above)
• VC decreases : MC and AC decreases
, Effect of the changes in Fixed Cost
C/R AC1
MC
AC
P1
7
C1
C
AR
Q
Q
MR
• FC increases : AC increases (shown above)
• FC decreases : AC decreases