Business Mathematics MCQs - Chapter 4
Linear Function Applications Multiple Choice Questions (MCQs) PDF Download - 5
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The Multiple Choice Question (MCQ Quiz): Decrease in prices of a market offering in a market results in; "Linear Function Applications" App Download (Free) with answers decrease in demand, increase in demand, increase in other product prices and increase in production cost to learn e-learning courses. Solve linear functions in maths quiz questions, download Google eBook (Free Sample) for online classes business administration.
Linear Function Applications Questions & Answers PDF Download: MCQ Quiz 5
MCQ 21: The decrease in prices of a market offering in a market results in
- increase in demand
- decrease in demand
- increase in other product prices
- increase in production cost
MCQ 22: The total cost is $20,000 USD and profit is $40,000 USD then the total revenue is
- $0.50
- $60,000
- $20,000
- $2
MCQ 23: In the function P(20,000) = 25(20,000) - 150,000, the profit is
- $250,500
- $350,000
- $500,000
- $650,000
MCQ 24: The type of linear function written as quantity supplied = ƒ(market price) is classified as
- supply function
- manufacturing function
- selling function
- unit function
MCQ 25: In the function quantity = ƒ(price per unit), the dependent variable is
- competitors' price
- independent price
- quantity demanded
- quantity priced
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Cost Accounting Mock Tests
Business Mathematics Practice Questions
Cost Accounting MCQ with Answers
- Some of the methods used for determining transfer prices are
- Flexible budget variance for the revenues of company is classified as
- Large residual term and negative slope of line indicate
- In process and job costing system, the normal spoilage cost is considered as
- If the indirect manufacturing labor is $20000, power cost is $5000, maintenance
- Quality aspect, that refers how well the product fulfills the customer demands, is classified as
Linear Function Applications MCQ Book Questions
- Flow of money in the company because of providing services or from
- In calculating total cost, the selling price for all units is
- Type of linear function written as quantity supplied = ƒ(market price) is classified as
- Fixed cost is $150,000 USD and break-even point is 7500 units then
- Main concern in analysis of firm's break-even analysis is identifying level of output which results in
- Increase in prices of a market offering in a market results in