Business Mathematics MCQs – Certification Test 261

Linear Functions in Maths Trivia (Question 261) – App & e-Book Download

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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

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