Nonlinearity and Cost Functions MCQs Test Online PDF Book Download

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Learn cost function and behavior practice test MCQs: cost pattern, in which production inputs are to be used in discrete functions, but quantities are fractional, will be categorized as, for free online courses with options continuously variable cost function, fixed cost function, mixed cost function, semi variable cost function for bachelors in business administration. Free skills assessment test is for e-learning online nonlinearity and cost functions quiz questions for competitive assessment in business majors for business analyst certifications and competitive exam preparation. Nonlinearity and Cost Functions Video

MCQ on Nonlinearity and Cost FunctionsQuiz Book Download

MCQ: Cost function, in which cost does not change with any change in level of activity is a part of

  1. step price functions
  2. step object functions
  3. step constant functions
  4. step cost functions

D

MCQ: Cost pattern, in which production inputs are to be used in discrete functions, but quantities are fractional, will be categorized as

  1. continuously variable cost function
  2. fixed cost function
  3. mixed cost function
  4. semi variable cost function

A

MCQ: Cost function, in which graph of total cost would not result in straight line is classified as

  1. nonlinear cost function
  2. linear cost function
  3. linear price function
  4. nonlinear price function

A

MCQ: In step cost functions, cost is increased by

  1. discrete amounts
  2. same amounts
  3. linear amounts
  4. nonlinear amounts

A

MCQ: Within relevant range, cost function in which cost does not change in narrow ranges of activity is called

  1. fixed cost function
  2. variable cost function
  3. step variable cost function
  4. step fixed cost function

C