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Study Linear Function Applications Quiz App (iOS & Android) with MCQ: "Profit margin is positive if"; with answers: profit contribution > fixed costs, fixed cost is zero, profit contribution = fixed costs, and profit contribution < fixed costs. Study Optimal Solutions Quiz Questions, download Google Book (Free Chapter) to learn online certificate courses.

Linear Function Applications Quiz – Practice Test 11 PDF Download

MCQ 51: The profit margin is positive if:

  1. fixed cost is zero
  2. profit contribution > fixed costs
  3. profit contribution = fixed costs
  4. profit contribution < fixed costs

MCQ 52: The total revenue $35,000 USD and the price of each output unit sold $70 USD then the number of units sold is:

  1. 0.002 pre unit cost
  2. 500 units
  3. 2450000 units
  4. 5000 units

MCQ 53: In the procedure of plotting the break-even point, the break-even point is identified by:

  1. x-coordinate of y-intercept
  2. x-coordinate of x-intercept
  3. y-coordinate of y-intercept
  4. y-coordinate of x-intercept

MCQ 54: The cost determined by the respective employee wages and salaries is classified as:

  1. respective cost
  2. labor costs
  3. departmental costs
  4. unit cost

MCQ 55: The fixed cost is $25,000 USD and the contribution to profit and fixed cost is $100 USD then the break-even point is:

  1. 250 units
  2. 200 units
  3. 100 units
  4. 150 units

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