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Business Mathematics MCQs e-Book PDF | Linear Function Applications App Download

Business Mathematics Competitive Exam: Practice Test 5 (Chapter 4)

Linear Function Applications Multiple Choice Questions (MCQs) PDF Download - 5

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The MCQ: The decrease in prices of a market offering in a market results in; "Linear Function Applications" App Download [Free] with answers: decrease in demand, increase in demand, increase in other product prices, and increase in production cost to learn e-learning courses. Solve Two Variable Systems of Equation Quiz Questions, download Google eBook (Free Sample) for online classes business administration.

Linear Function Applications MCQ with Answers PDF Download: Quiz 5

MCQ: 21

The decrease in prices of a market offering in a market results in

  1. increase in demand
  2. decrease in demand
  3. increase in other product prices
  4. increase in production cost
MCQ: 22

The total cost is $20,000 USD and profit is $40,000 USD then the total revenue is

  1. $0.50
  2. $60,000
  3. $20,000
  4. $2
MCQ: 23

In the function P(20,000) = 25(20,000) - 150,000, the profit is

  1. $250,500
  2. $350,000
  3. $500,000
  4. $650,000
MCQ: 24

The type of linear function written as quantity supplied = ƒ(market price) is classified as

  1. supply function
  2. manufacturing function
  3. selling function
  4. unit function
MCQ: 25

In the function quantity = ƒ(price per unit), the dependent variable is

  1. competitors' price
  2. independent price
  3. quantity demanded
  4. quantity priced

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Linear Function Applications MCQ App (Android & iOS)

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Business Mathematics MCQ App (iOS & Android)

Business Mathematics MCQ App

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Marketing Management MCQs App

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