Linear Function Applications Multiple Choice Questions and Answers 1 PDF Book Download

Linear function applications multiple choice questions (MCQs), linear function applications quiz answers, applied mathematics test 1 to learn business online courses. Break even analysis calculations MCQs, linear function applications quiz questions and answers for admission and merit scholarships test. Practice break even analysis calculations, linear functions in maths career test for online certifications.

Practice linear function applications test with multiple choice question: 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 mathematics degree. Practice jobs' assessment test for online learning break even analysis calculations quiz questions for math major, competitive assessment tests.

MCQ on Linear Function Applications Test 1Quiz Book 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