IGCSE Business Studies (0450) — May–June 2025, Paper 12

4 questions · every question answerable online with instant point-by-point AI marking against the official mark scheme.

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Question 1 · 20 marks · Production of goods and services - methods of production

Define 'batch production'.

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Question 2 · 20 marks · Financial information and financial decisions - income statements

Define 'profit'.

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Question 3 · 20 marks · Understanding business activity - classification of businesses

Define 'private sector'.

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Question 4 · 20 marks · Production of goods and services - costs, scale of production and break-even analysis

Define 'average cost'.

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