Linear Cost Functions MCQs Test Online PDF Book Download

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MCQ on Linear Cost FunctionsQuiz Book Download

MCQ: In linear cost function, fixed cost is considered as

  1. constant
  2. variable
  3. exponent
  4. base

A

MCQ: In linear cost function which is y=a + bx, objective is to find the

  1. values of a and b
  2. values of x and y
  3. values of a and x
  4. values of b and y

A

MCQ: Slope coefficient of linear cost function is

  1. zero
  2. one
  3. two
  4. three

A

MCQ: In linear cost function, which is y = a + bx, 'y' is classified as

  1. predicted fixed cost
  2. predicted variable cost
  3. predicted cost
  4. predicted price

C