Estimating Costs MCQs Quiz Online PDF Download

Learn estimating costs MCQs, marketing management test for online courses learning and test prep to practice. Developing pricing strategies quiz has multiple choice questions (MCQ), estimating costs quiz questions and answers to learn for BBA subjective questions with solutions.

Marketing management practice test MCQ on considering accumulated production experience, decreasing in average cost is classified as with options experience curve, learning curve, observational curve and both a and b problem solving skills for viva, competitive exam prep, interview questions with answer key. Free study guide is for online learning estimating costs quiz with MCQs to practice test questions with answers.

MCQs on Estimating Costs Quiz PDF Download

MCQ. Considering accumulated production experience, decreasing in average cost is classified as

  1. experience curve
  2. learning curve
  3. observational curve
  4. both A and B

D

MCQ. Floor of product's price is set with help of

  1. supply
  2. cost
  3. discount and allowance
  4. demand

B

MCQ. Overhead costs are also known as

  1. employees' salaries
  2. labor wages
  3. fixed costs
  4. variable costs

C

MCQ. If fixed cost is $18000 and variable cost is $16000 then total cost is

  1. $18,000
  2. $16,000
  3. $340,000
  4. $34,000

D

MCQ. Cost of products that fluctuate with level of production are classified as

  1. total costs
  2. augmented costs
  3. variable costs
  4. fixed costs

C