• IB BM Finance Overall
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  • Gardeners’ Pots has total costs of $2,000 and fixed costs of $1,100 for an output level of 600 units. Calculate the variable cost per unit for the firm. [2 marks]
    TVC = TC – TFC = $2,000 – $1,100 = $900, AVC = $900 / 600 = $1.50
  • Identify THREE revenue streams that MrBeast (the Youtuber) has.
    YouTube itself, sponsorships with companies, MrBeast products
  • True or false: Above the line marketing by placing advertisements in local and national newspapers would be an example of variable costs.
    False
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