Estimating Costs MCQs Quiz Online PDF Download

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Marketing management practice test MCQ: considering accumulated production experience, decreasing in average cost is classified as with choices experience curve, learning curve, observational curve and both a and b for online subjective and objective university majors eLearning for undergraduate and graduate degrees' study tests. 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