Edexcel A-level Economics B 9EB0 · 1.6.3

Profit and loss

Code: 1.6.3
In: 1.6 Revenue, costs, profits and cash
Topic: 1 Markets, consumers and firms
Course: A-level Economics B 9EB0
Board: Edexcel

Codes and titles are read by a script from Edexcel's published specification and have not been checked by a person. What each point covers is in the specification itself: Edexcel’s specification.

Points under 1.6.3

1.6.3a Profit as an incentive in a competitive market
1.6.3b How firms calculate profit
1.6.3c Statement of comprehensive income (profit and loss account)
1.6.3d How firms measure profitability
1.6.3e How firms increase profit

Points in 1.6 Revenue, costs, profits and cash

1.6.1 Revenue and costs
1.6.2 The relationship between revenue and costs
1.6.3 Profit and loss
1.6.4 Business survival and cash flow