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Cost analysis

Authored by Lexy Eddo

Business

11th Grade

Used 6+ times

Cost analysis
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6 questions

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1.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Media Image

The graph given represents?

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is the total economic cost of production.

Economic Cost

Fixed Cost

Total cost

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is the change in total production that comes from making or producing one additional unit

Marginal Cost

Fixed Cost

Variable cost

4.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Media Image

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

= Total Cost – Fixed Cost

Variable cost

Total cost

Average cost

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The fixed cost is a cost that does not change with an increase or decrease in output

True

False

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