Linear Function Applications Multiple Choice Questions and Answers 1 PDF Download

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Study linear function applications quiz with multiple choice question (MCQs): profit margin is negative if, for bachelor degree and masters in mathematics degree courses with choices profit contribution < fixed costs , profit contribution > fixed costs , fixed cost is zero , profit contribution > fixed costs to test online e-learning skills for formative assessment exam prep and job's interview questions with answers key. Practice skills assessment test to learn break even analysis calculations quiz questions with maths MCQs for math certification competitive exam prep.

MCQ on Linear Function Applications Test 1Quiz PDF 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