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Social Factors MCQ with Answers PDF

Solve Social Factors Multiple Choice Questions (MCQ), principles of marketing quiz answers PDF with career tests for online courses. Practice consumer markets and buyer behavior Multiple Choice Questions and Answers (MCQs), Social Factors quiz questions bank for online business and administration degree. "Social Factors MCQ" PDF book: buyer decision processes, personal factors, buyer decision process for new products, social factors test prep for online business university.

"The kind of cost which does not vary with the level of production of company or level of sales is classified as" Multiple Choice Questions (MCQ) on social factors with choices variable costs, fixed costs, total costs, and all of above for online business and administration degree. Practice social factors quiz questions for merit scholarship test and certificate programs for online business administration degree.

MCQs on Social Factors

1.

The kind of cost which does not vary with the level of production of company or level of sales is classified as

variable costs
fixed costs
total costs
all of above

2.

If the variable cost is $40 for and the fixed cost is $20 then the total cost is

$80
$20
$40
$60

3.

The pricing strategy in which the company determines price it will make the targeted return is classified as

target return pricing
markup return pricing
learning pricing
marginal pricing

4.

if the fixed cost is $250000, variable cost is $30 and price is $40

40000
35000
30000
25000

5.

The perceptions of the customer about the value of products are considered to set the

floor for cost
ceiling for prices
floor for prices
ceiling for cost
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