Entrepreneurship, Module-1 - Practice Mode

1) Total cost is equal to ?

Variable Cost + Discount Investment + Fixed Cost Variable Cost + Fixed cost Fixed Salary + ROI

Correct Answer: Variable Cost + Fixed cost

2) _____?cost increases or decreases depending on how much we produce or sell.

Variable Fixed Total Maintenance

Correct Answer: Variable

3) Preeti is renting a kitchen to run a Paratha Shop, The rent of the kitchen is _____cost?

Variable Total Fixed Admin

Correct Answer: Fixed

4) ______is the money we invest in producing a product or service.

Business revenue Product Cost Product Price Business Pitch

Correct Answer: Product Cost

5) Mani is a painter and he buys new brushes and tins for painting. What type of cost it is?

Total Cost Fixed Cost Variable Cost Maintenance

Correct Answer: Fixed Cost

Previous Question Set Back to Question Sets Next Question Set

Try Another Topic

Try Another Quiz