Math of business test / By : Amerah Frehat

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Master the Math of Business

Welcome to the Math of Business Quiz! Test your skills in mathematical concepts relevant to business analysis and economics. This quiz covers a variety of topics including logarithms, demand and supply functions, and equilibrium points.

Challenge yourself with multiple choice questions that will not only test your knowledge but also enhance your understanding of essential business mathematics. Key features of this quiz:

  • Varied topics from algebra to calculus
  • Engaging multiple choice format
  • Immediate feedback on answers
12 Questions3 MinutesCreated by CalculatingEagle47
1) If -3/ (X - 2) = 3 / (X + 2) , then X =
A) 1/2
B) 0
C) - 1/2
D) - 3/2
E) None
2) If log x (6X - 9) = 2 , then the value(s) of X =
A) (1 , 5 )
B) 3
C) (2 , 5 )
D) None
3) If the demand and supply function are given by P= -3Q + 80 and P= Q + 8 , then the equilibrium point (Q,P) =
A) (10 , 30 )
B) (18 , 26 )
C) (4 , 48 )
D) (9 , 28 )
E) None
4) The demand function if TR = 50 Q - 4 Q^2 :
A) P = 50 - 4 Q
B) P= 50 Q^2 - 4 Q^3
C) P= 50 Q - 4 Q^2
D) None
5) If 5^x = 3^ ( 2x + 1 ) , then find the value of (x) :
A) ln3 /( ln4-ln9)
B) ln 3 /(ln5-ln9)
C) ln3 / ( ln 9-ln4)
D) None
6) If R^( 3 ln x ) = 27 , then X =
A) 9
B) 81
C) 3
D) None
7) If (x + 1)^2 + (x - 1)^2 = x (x - 3) , then x =
A) 1 , 2
B) - 1
C) - 2
D) -1 , -2
E) None
8) The value of log 1/2 (16) =
A) 2
B) 4
C) - 2
D) -4
E) None
9) if 2 + log x = log 100 , then X=
A) 100
B) 1/10
C) - 10
D) - 1/10
E) None
10) (81)^ (-3/4) =
A) 1/81
B) 1/27
C) 27
D) 81
11) if π = - 2Q + 9Q - 4 = 0 , then the value of Q is (are) :
A) 4 , 1/2
B) -4 , - 1/2
C) 4
D) 1/2
E) None
12) The solution of ( x - 2 ) ( x + 2 ) <= 0 is :
A) [ -2 , 2 ]
B) ( -2 , 2 )
C) [ 2 , - 2 ]
D) ( 2 , -2 )
E) None
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