Buat kuiz
# 1
pilihan
Which of the following is an example of a fixed cost for a factory?
- Electricity used in production
- Raw materials
- Factory rent
- Wages for hourly workers
Bilik darjah
Ikut Turutan
Universiti
Lain-lain
1
Allow incorrect answer
Sembunyikan jawapan
public kuiz
# 2
pilihan
What is a variable cost?
- A cost that stays the same no matter how much is produced
- A cost that changes as production changes
- A cost paid only once
- A cost that is always higher than fixed costs
# 3
pilihan
If a company produces more products, which cost will likely increase?
- Fixed cost
- Variable cost
- Sunk cost
- Historical cost
# 4
pilihan
How is total cost calculated?
- Fixed cost plus variable cost
- Variable cost minus fixed cost
- Fixed cost divided by variable cost
- Variable cost multiplied by fixed cost
# 5
pilihan
Which of the following best describes total revenue?
- Total cost minus profit
- Units sold times selling price
- Fixed cost plus variable cost
- Profit minus expenses
# 6
pilihan
If a company sells 100 units at $5 each, what is the total revenue?
- $100
- $500
- $50
- $105
# 7
pilihan
What is profit?
- Total revenue plus total cost
- Total revenue minus total cost
- Total cost minus total revenue
- Total revenue times total cost
# 8
pilihan
A bakery pays $1,000 per month for rent and $2 for ingredients per loaf of bread. What is the fixed cost?
- $2 per loaf
- $1,000 per month
- $2,000 per month
- $1 per loaf
# 9
pilihan
Which of the following would NOT be considered a variable cost for a lemonade stand?
- Sugar for each cup sold
- Cups for each lemonade sold
- Lemons for each cup sold
- Monthly permit fee
# 10
pilihan
If a company’s total revenue is $2,000 and its total cost is $1,500, what is the profit?
- $3,500
- $500
- $1,500
- $2,000
Google Classroom Share