Business Mathematics Entrance Exam MCQs – Mock Test 53

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

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The 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; "Business Mathematics Quiz" App Download [Free] 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 for online courses for business management degree. Learn 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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