
Business Costs
Authored by Mounira Lakas
Business
10th Grade
Used 2+ times

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11 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
Base3d on Activity 2-2 on LMS, answer the following questions:
Define fixed costs.
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
List the fixed costs mentioned.
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
Define Variable costs
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
List the variable costs mentioned.
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
Write the formula for total costs.
Total costs = .....................+............................
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6.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the average cost?
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7.
OPEN ENDED QUESTION
3 mins • 1 pt
Write the formula for the average cost.
Average cost=..............................................
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