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Business Mathematics MCQs – Practice Test 14 (Chapter 4)

Linear Function Applications MCQ with Answers PDF Download – Test 14

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The Linear Function Applications Multiple Choice Questions (MCQ Quiz) with Answers PDF (Linear Function Applications MCQ PDF e-Book) download Ch. 4-14 to learn Business Mathematics Course. Solve Linear Functions in Maths Multiple Choice Questions (MCQs), Linear Function Applications quiz with answers PDF to learn distance learning courses. The Business Mathematics MCQ App Download: Free Linear Function Applications App to learn graphing linear functions, break even analysis calculations career test for business administration bachelor degree online.

The MCQ: The purchase cost is $25,000 USD, the salvage value is $5000 USD and the useful life is 5 years then the depreciation of asset is; "Business Mathematics MCQ" App (Android, iOS) with answers: 5 years, 2 months, 6 years, and 7 years to learn distance learning courses. Practice Simplex Computer Solutions Quiz Questions, download Apple Book (Free Chapter) for best online business management degree.

Linear Function Applications MCQ – Practice Test 14 PDF Download

MCQ: 66

The purchase cost is $25,000 USD, the salvage value is $5000 USD and the useful life is 5 years then the depreciation of asset is

  1. 2 months
  2. 5 years
  3. 6 years
  4. 7 years
MCQ: 67

In the graph of function demanded quantity = ƒ(price per unit), the variable which is to be plotted on the x-intercept is

  1. profit per unit
  2. price per unit
  3. demand per unit
  4. cost per unit
MCQ: 68

The total revenue is calculated by

  1. (price)(quantity sold)
  2. price⁄quantity sold
  3. price+quantity sold
  4. price-quantity sold
MCQ: 69

The raw material cost is $6.5 USD, labor cost $30.0 USD, units sold 2000 and total fixed cost is $30,000 USD then total cost is

  1. $103,000
  2. $203,000
  3. $303,000
  4. $403,000
MCQ: 70

The fixed cost is $100,000 USD, the price per unit is $50 USD and the variable cost per unit is $40 USD then the output level break-even point is

  1. 3000 units
  2. 10000 units
  3. 5000 units
  4. 4000 units

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