Modeling a Business

Modeling a Business

11th - 12th Grade

20 Qs

quiz-placeholder

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Modeling a Business

Modeling a Business

Assessment

Quiz

Other

11th - 12th Grade

Hard

CCSS
8.EE.B.5, HSF.LE.B.5, 6.RP.A.3B

+2

Standards-aligned

Used 24+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where the graphs of supply and demand functions intersect the market is in equilibrium?
True
False

Tags

CCSS.8.EE.B.5

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Jeff prepares meals in the home of his customers. His fixed cost for transportaiton and supplies $14.50. The labor and groceries needed for each family meal is $8.80, so the expense function is E = 5.7q +8.8.
True
False

Tags

CCSS.HSF.LE.B.5

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is this an expense or revenue function?
y = -5x + 25
Revenue
Expense

Tags

CCSS.8.EE.B.5

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A correlation coefficient can be positive or negative, but it cannot be less than -1?
True
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The markup for a cutting board is $4. The cutting board costs $3 to manufacture. The percentage of markup is  ______.
133%
75%
43%
7%

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A cactus garden has an expense equation of E = 4q + 10. The average cost per cactus when 10 cactus are used is ______?
$4
$5
$6
$50

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The price that a manufacturer charges a retailer for an item is the  ________ price.
original
retail
wholesale
sales

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