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Business Mathematics MCQs – Mock Test 62

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MCQ 306: When the total cost is less than total revenue then the profit is:

  1. zero
  2. very high
  3. positive
  4. negative

MCQ 307: If the objective function value is varied significantly by the minor changes in parameters value then the solution is classified as:

  1. sensitive
  2. insensitive
  3. classified
  4. analyzed

MCQ 308: In calculating interest, any unit of time is classified as:

  1. per period
  2. per interest rate
  3. per investment
  4. per price unit

MCQ 309: The linear programming model which involves the funds allocation of limited investment is classified as:

  1. ordination budgeting model
  2. capital budgeting models
  3. funds investment models
  4. funds origin models

MCQ 310: The regular deposits to savings account and periodic payments for retirement funds are considered as:

  1. marginal payment
  2. nominal payment
  3. annuity
  4. effective payment

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