Business costs
Authored by Azhar Myrzasheva
Business
9th - 10th Grade
Used 106+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Costs that remain the same regardless of how many products a business produces
Fixed costs
Variable costs
Total cost
Average cost
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Combination of all fixed and variable costs
Fixed costs
Variable costs
Total costs
Average costs
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Costs that change based on how much of a product is used or produced
Fixed costs
Variable costs
Total costs
Average cost
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the total cost of production divided by total output.
Fixed costs
Variable cost
Total cost
Average cost
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What kind of cost is the price of raw materials?
Fixed costs
Variable costs
Total cost
Average cost
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What kind of cost do salaries belong?
fixed
variable
total
average
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the sales revenue is higher than the total costs, the business is making...
profit
loss
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