Production and ecology; Review of Chapter I
Answers are for parents and teachers.
1
A firm sold 5 000 units at 9 000 so‘m. Fixed costs were 12 mln and variable costs 27 mln so‘m. Find the profit.
6000000
2
What is the average cost of that firm in so‘m?
7800
3
Choose five terms from Chapter I and explain each in one sentence in your own words.
The answer depends on the chosen terms; each explanation should be correct, short and in the student’s own words.
4
For one small firm in your neighbourhood (a bakery or workshop) write its fixed and variable costs and likely sources of income, and discuss whether it probably makes a profit (do not ask for real figures; a rough idea is enough).
The answer depends on the chosen firm; main idea: there is profit if revenue exceeds the sum of fixed and variable costs.
5
For one ecological problem (for example rubbish or water shortage) write three practical solutions: what the state, a firm and a citizen can do.
For example, rubbish: the state — recycling plants and fines; a firm — using less packaging; a citizen — sorting waste and handing unused plastic in for recycling.