2 marks
Q2(d) Give the meaning of total revenue.
Edexcel · 4EC1
Revenue comes up in 11 questions across the Edexcel International GCSE past papers (4EC1), worth 26 marks between them. They run from 2019 to 2024 and appear on iGCSE Paper 1, iGCSE Paper 1R.
Tariffs run from 1 to 9 marks. The commonest instructions are Calculate (5), Define (2), Identify (MCQ) (2). Specification points covered: 1.2.3.
Q2(d) Give the meaning of total revenue.
Q3(b) Multiple choice picking the total revenue formula.
Q3(b) Multiple choice completing the definition of total revenue.
Q3(e) Data response: what a hairdresser gains from raising prices and charging late-cancellation fees.
Q1(f) Work out the firm's total revenue at monthly sales of 250 units.
Q4(a) Work out total revenue for the product with price inelastic demand.
Q1(b) Multiple choice working the firm's total revenue.
Q4(a) Work out total revenue for the product with price elastic demand.
Q1(c) Give the meaning of total revenue.
Q4(a) Work out how many cakes were sold when total revenue reached EUR3 600.
Q3(c) Work out the new total revenue from the figures given.
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