
Business Costs
Authored by Jonathan Stokes
Business
1st - 2nd Grade
Used 2+ times

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16 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A variable cost is...
A cost that changes with output
A cost that doesn't change with output
A cost that changes when profit increases
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
A startup cost is
A cost of buying something you need to pay in order for you business to begin.
A cost you only tend to have once over a long-medium term
A cost that changes with output
A cost that doesn't change with output
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A running cost
amount of money that is regularly spent on things such as salaries, heating, lighting, and rent
costs you only pay for once
costs that change with output
sometimes called fixed costs
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A fixed cost is a cost that does not change with
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Rent is a
Fixed costs
variable cost
Start up cost
running cost
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What type of cost are staff wages
Fixed costs
variable cost
Start up cost
running cost
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What type of cost is print machinery for a tshirt making company
Fixed costs
variable cost
Start up cost
running cost
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