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Linear Function Applications MCQs – Practice Test 13 PDF Download

MCQ 61: In break-even analysis, the contribution to profit and fixed cost is considered as:

  1. profit margin
  2. cost margin
  3. variable margin
  4. fixed margin

MCQ 62: In calculation of depreciation, the asset's resale value is:

  1. salvage value
  2. storage value
  3. record value
  4. book value

MCQ 63: The total revenue of a company is $55,000 USD and the number of units sold are 25,000 then the price per unit is:

  1. $2.2 per unit
  2. $0.45 per unit
  3. 30000 units
  4. 80000 units

MCQ 64: The break-even point is used to compute the number of units must be sold to recover:

  1. fixed cost
  2. variable cost
  3. variable margin
  4. fixed margin

MCQ 65: The state in which the quantity demand price and quantity supplied price equals is called:

  1. market unit
  2. market hike
  3. price hike
  4. market equilibrium

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