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The MCQ: Cost pattern, in which production inputs are to be used in discrete functions, but quantities are fractional, will be categorized as; "Nonlinearity and Cost Functions" App Download (Free) with answers: Continuously variable cost function; Fixed cost function; Mixed cost function; Semi variable cost function; to learn online MBA accounting courses. Practice Nonlinearity and Cost Functions Quiz Questions, download Apple eBook (Free Sample) for accredited online business management degree.

## Nonlinearity and Cost Functions MCQs: Questions and Answers

MCQ 1: The cost function, in which cost does not change with any change in level of activity is a part of

1. step price functions
2. step object functions
3. step constant functions
4. step cost functions

MCQ 2: The cost pattern, in which production inputs are to be used in discrete functions, but the quantities are fractional, will be categorized as

1. continuously variable cost function
2. fixed cost function
3. mixed cost function
4. semi variable cost function

MCQ 3: The cost function, in which the graph of total cost would not result in straight line is classified as

1. nonlinear cost function
2. linear cost function
3. linear price function
4. nonlinear price function

MCQ 4: In step cost functions, the cost is increased by

1. discrete amounts
2. same amounts
3. linear amounts
4. nonlinear amounts

MCQ 5: Within the relevant range, the cost function in which cost does not change in narrow ranges of activity is called

1. fixed cost function
2. variable cost function
3. step variable cost function
4. step fixed cost function

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