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Linear Function Applications Multiple Choice Questions Test 1 Tests pdf Download

Practice linear function applications multiple choice questions (MCQs), mathematics test 1 online to learn. Practice break even analysis calculations MCQs questions and answers on break even analysis calculations, linear functions in maths with answers. Free linear function applications quiz, online study guide has answer key with choices as profit contribution < fixed costs, profit contribution > fixed costs, fixed cost is zero and profit contribution > fixed costs of multiple choice questions (MCQ) as profit margin is negative if to test learning skills. Study to learn break even analysis calculations quiz questions to practice MCQ based online exam preparation test.

MCQ on Linear Function Applications Quiz pdf Download Test 1

MCQ. Profit margin is negative if

  1. profit contribution > fixed costs
  2. profit contribution < fixed costs
  3. fixed cost is zero
  4. profit contribution > fixed costs

B

MCQ. In depreciation function V = ƒ(t) then t is

  1. interest value
  2. time from purchase date
  3. purchased value
  4. sold value

B

MCQ. Product sold price is $50 USD then revenue function is

  1. R(50) = 50 + x
  2. R(x) = 50x
  3. R(50) = x
  4. R(x) = 50 + x

B

MCQ. Function describing relationship of price related to suppliers agreed quantities to produce material and to supply it is classified as

  1. selling function
  2. unit function
  3. supply function
  4. manufacturing function

C

MCQ. In function quantity = ƒ(price per unit), independent variable is

  1. profit per unit
  2. price per unit
  3. demand per unit
  4. cost per unit

B