Linear Function Applications Multiple Choice Questions 1 PDF eBook Download

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Practice linear function applications quiz with multiple choice questions: profit margin is negative if, with choices profit contribution < fixed costs, profit contribution > fixed costs, fixed cost is zero, and profit contribution > fixed costs for online business administration school. Practice jobs' assessment test for online learning break even analysis calculations quiz questions for online schools for business administration.

MCQs on Linear Function Applications Test 1 PDF eBook Download

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