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Exam (elaborations)
MSIS 3223 Final Exam Questions & Answers(RATED A+)
Variable Cost - ANSWERUnit Variable Cost * Quantity Produced 
 
Total Cost - ANSWERFixed Cost + Variable Cost * Quantity Produced 
 
(Also written as C=F+VQ) p. 380 
 
Logic suggests that variable cost is... - ANSWERthe unit variable cost times the quantity of item produced. 
 
Demand has an influence on... - ANSWERprofit 
 
- by predicting how many units of a product will be sold 
 
-Quantity produced is a decision option typically based on demand. 
 
Quantity Produced - ANSWERa decision option...
Exam (elaborations)
msis 3223 final- ali bagheri questions and answers
Popularmsis 3223 final- ali bagheri questions and answers 
 
 
 
 
/. Which of the following is necessary to calculate the variable cost of production for the company to develop a profit model? 
O unit sale price 
O quantity of item sold 
O quantity of item produced 
O fixed cost of production - Answer-quantity of item produced 
 
/.in which af the fallowing ways does demand influence profit? 
O it directly influences the fixed cost of production. 
O it helps in reducing the variable cost of production...
Exam (elaborations)
MSIS 3223 Final Exam question with answers
MSIS 3223 Final Exam question with answers
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