Understanding Cost, Revenue, and Profit Functions
Interactive Video
•
Mathematics
•
9th - 10th Grade
•
Practice Problem
•
Hard
Jennifer Brown
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the initial fixed cost for the equipment in the teddy bear manufacturing scenario?
$4,000
$1,500
$2,500
$3,000
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much does it cost to manufacture one teddy bear?
$2.50
$2.00
$1.50
$1.00
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the selling price of each teddy bear?
$3.00
$3.50
$4.00
$4.50
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is the profit function derived from the cost and revenue functions?
By subtracting the cost function from the revenue function
By adding the cost and revenue functions
By dividing the revenue function by the cost function
By multiplying the cost and revenue functions
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At what point does the company break even in terms of teddy bears sold?
500 teddy bears
1,500 teddy bears
750 teddy bears
1,000 teddy bears
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Microsoft
or continue with
%20(1).png)
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
