Business Mathematics MCQs – Practice Test 14 (Chapter 4)

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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:

2 months
5 years
6 years
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:

profit per unit
price per unit
demand per unit
cost per unit

MCQ 68: The total revenue is calculated by:

(price)(quantity sold)
price⁄quantity sold
price+quantity sold
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:

$103,000
$203,000
$303,000
$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:

3000 units
10000 units
5000 units
4000 units

Linear Function Applications MCQ App & e-Book – Business Mathematics Entrance Exam

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