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Business Mathematics Entrance Tests: Practice Test 10 (Chapter 4)

Linear Function Applications Multiple Choice Questions (MCQ) PDF Download - 10

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The MCQs: For the low level of output operations, the total profit contribution is less than; "Linear Function Applications" App (Android, iOS) with answers: variable cost, pricing cost, fixed cost, and marginal cost to learn online schools courses. Practice Simplex Computer Solutions Quiz Questions, download Apple Book (Free Sample) for best online colleges for business administration.

Linear Function Applications MCQs with Answers PDF Download: Quiz 10

MCQ: 46

For the low level of output operations, the total profit contribution is less than

  1. pricing cost
  2. variable cost
  3. fixed cost
  4. marginal cost
MCQ: 47

The cost function is C(x) = 55x + 150,000 and the revenue function R(x) is 75x then the profit function is

  1. P(55) = 75x-(55-150,000x)
  2. P(x) = 75x-(55x+150,000)
  3. P(x) = 55x-(75x+150,000)
  4. P(75) = 75x-(55+150,000)x
MCQ: 48

The profit earned by selling every extra unit of product is called

  1. marginal profit
  2. extra profit
  3. unit profit
  4. earned profit
MCQ: 49

The difference between per unit price and variable cost of each unit is called

  1. revenue margin
  2. price margin
  3. cost margin
  4. profit margin
MCQ: 50

The value of depreciation is calculated in the straight line method as

  1. purchase cost-salvage value⁄useful life
  2. purchase cost+salvage value⁄useful life
  3. useful life⁄purchase cost-salvage value
  4. useful life⁄purchase cost+salvage value

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Linear Function Applications MCQs App (Android & iOS)

Linear Function Applications MCQs App

Business Mathematics MCQs App (iOS & Android)

Business Mathematics MCQs App

Cost Accounting MCQ App (iOS & Android)

Cost Accounting MCQ App

Business Statistics MCQ App (Android & iOS)

Business Statistics MCQ App