Business Mathematics Entrance Exam MCQs – Mock Test 53

Linear Functions in Maths Quiz with Answers PDF Download – Test 53

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Study Business Mathematics Quiz App Download with MCQ: "Fixed cost is $60,000 USD and every extra unit sold of that product will increase the revenue by $20 then cost function is"; with answers: y = ƒ(x) = 60,022x, y = ƒ(20x) = 59,978, y = &fnof(x) = 60,000x+ 20, and y = ƒ(x) = 20x+ 60,000. Study Linear Function Applications Questions and Answers, Apple iBook to download free chapter to study business analyst courses.

Linear Functions in Maths Quiz – Mock Test 53 PDF Download

MCQ 261: The fixed cost is $60,000 USD and every extra unit sold of that product will increase the revenue by $20 then cost function is:

y = ƒ(20x) = 59,978
y = ƒ(x) = 60,022x
y = ƒ(x) = 20x+ 60,000
y = ƒ(x) = 60,000x+ 20

MCQ 262: In simplex method, the basic solution is obtained by setting variables as:

(n-m)
(n+m)
(nxm)
(n⁄m)

MCQ 263: The conditions needed to solve objective function and that are to be satisfied in linear programming are classified as:

unsolved objectives
solved objectives
programming requirements
subset objectives

MCQ 264: According to determinant properties, when two rows are interchanged then the signs of determinant:

must changes
remains same
multiplied
divided

MCQ 265: The linear programming models which is used in petroleum product mixture, fertilizers and grass seeds mix is classified as:

ingredient models
component models
blending models
mixing models

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