Business Mathematics MCQs - Chapter 4

Linear Function Applications Quiz Questions and Answers PDF - 7

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Free Linear Function Applications Quiz Questions, Linear Function Applications quiz answers PDF, test 7 to learn online Business Mathematics Course. Practice Linear Functions in Maths MCQs, Linear Function Applications MCQ questions and answers PDF to prepare for job interview. Free learning app: Linear Function Applications Quiz App Download & e-Book for break even analysis in finance, break even analysis calculations career test for online courses for business management degree.

The Quiz: Fixed cost is $60,000 USD and every extra unit sold of that product will increase the revenue by $20 then cost function is; "Linear Function Applications" App Download iOS & Android (Free) with answers y = ƒ(x) = 60,022x, y = ƒ(20x) = 59,978, y = ƒ(x) = 20x+ 60,000 and y = ƒ(x) = 60,000x+ 20 to study business analyst courses. Study linear functions in maths quiz questions, download Amazon eBook (Free Sample) for online BS business administration.

Linear Function Applications Questions & Answers PDF Download: MCQ Quiz 7

MCQ 31: The fixed cost is $60,000 USD and every extra unit sold of that product will increase the revenue by $20 then cost function is

A) y = ƒ(20x) = 59,978

B) y = ƒ(x) = 60,022x

C) y = ƒ(x) = 20x+ 60,000

D) y = ƒ(x) = 60,000x+ 20

MCQ 32: The raw material cost is $6.5 USD, labor cost of assembly department $3 USD and total fixed cost is $30,000 USD then cost function is

A) 30,000x⁄9.5

B) 30,000x+9.5

C) 9.5(30000x)

D) 9.5x+30,000

MCQ 33: The relationship between two variables which are demanded quantity and pre unit price is

A) direct

B) inverse

C) linear

D) quadratic

MCQ 34: The main concern in analysis of firm's break-even analysis is identifying level of output which results in

A) zero profit

B) high profit

C) low profit

D) market leading profits

MCQ 35: The fixed cost⁄contribution to fixed cost and profit is formula used to calculate

A) break-even level output

B) break-even level input

C) break-even variable cost

D) break-even fixed cost

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