BBA: Online Management Courses

Chapter 4: Business Mathematics Practice Tests

Business Mathematics MCQs - Chapter 4

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**MCQ**: The profit margin is negative if

A) profit contribution > fixed costs

B) profit contribution < fixed costs

C) fixed cost is zero

D) profit contribution > fixed costs

b

**MCQ**: In the depreciation function V = ƒ(t) then the t is

A) interest value

B) time from purchase date

C) purchased value

D) sold value

b

**MCQ**: The product sold price is $50 USD then the revenue function is

A) R(50) = 50 + x

B) R(x) = 50x

C) R(50) = x

D) R(x) = 50 + x

b

**MCQ**: The function describing relationship of price related to suppliers agreed quantities to produce the material and to supply it is classified as

A) selling function

B) unit function

C) supply function

D) manufacturing function

c

**MCQ**: In the function quantity = ƒ(price per unit), the independent variable is

A) profit per unit

B) price per unit

C) demand per unit

D) cost per unit

b

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