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Business Mathematics Entrance Exam: Practice Test 6 (Chapter 4)
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When the cost exceeds revenue it is classified as
In the function P(15,000) = 25(15000) - 150,000, the profit is
The type of function in which the quantity demanded of a product varies with the price is classified as
The fixed cost is $150,000 USD and break-even point is 7500 units then contribution to fixed cost and profit is
In the graph of function demanded quantity = ƒ(price per unit), the variable which is to be plotted on the y-intercept is
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