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Business Mathematics Certification Course

Business Mathematics Practice Test 111

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The Quiz: *The set of stocks usually in the ownership of investor is considered as* PDF, "Gaussian Elimination Method Quiz" App (Android & iOS) Free with stock ownership, row ownership, portfolio, and column ownership choices for business administration degree courses. Practice systems of linear equations questions and answers, Google eBook to download free sample for general business degree online.

**MCQ**: The set of stocks usually in the ownership of investor is considered as

A) row ownership

B) stock ownership

C) portfolio

D) column ownership

c

**MCQ**: According to algebra of simplex method, the slack variables are assigned zero coefficients because

A) no contribution in objective function

B) high contribution in objective function

C) divisor contribution in objective function

D) base contribution in objective function

a

**MCQ**: The non-negative slack variable is added to any less than or equal to constraint of simplex method is treated as

A) negative variable

B) additional variable

C) constrained variable

D) non constrained variable

b

**MCQ**: 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

A) $103,000

B) $203,000

C) $303,000

D) $403,000

a

**MCQ**: 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

A) 3000 units

B) 10000 units

C) 5000 units

D) 4000 units

b

Characteristics of Exponential Functions MCQs

Linear Equations in Mathematics MCQs

Simplex Preliminaries MCQs

Simplex Methods MCQs

Two Variable Systems of Equation MCQs

Dual Simplex Method MCQs

Break Even Analysis Calculations MCQs

Three Dimensional Coordinate Systems MCQs

Linear Functions in Maths MCQs

Simplex Computer Solutions MCQs

Types of Matrices MCQs

First Degree Equations MCQs

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