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Estimating Costs MCQs Quiz Online Tests pdf Download

Practice MCQs on estimating costs, marketing MCQs for online test prep. Developing pricing strategies quiz has multiple choice questions (MCQ), estimating costs quiz questions and answers as considering accumulated production experience, decreasing in average cost is classified as, answer key with choices as experience curve, learning curve, observational curve and both a and b for competitive exam prep. Free study guide is to learn estimating costs quiz online 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 R$18000 and variable cost is R$16000 then total cost is

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