| Date | November 2017 | Marks available | 1 | Reference code | 17N.1.HL.TZ0.33 |
| Level | HL | Paper | 1 | Time zone | no time zone |
| Command term | Question number | 33 | Adapted from | N/A |
Question
Which of the following terms best describes the most efficient way of designing and producing a product from the manufacturer’s point of view?
A. Cost effectiveness
B. Target costs
C. Cost analysis
D. Cost assurance
Markscheme
A
Examiners report
[N/A]
Syllabus sections
-
18M.1.HL.TZ0.35:
Figure 13 shows a graph of costs/revenue against sales.
Figure 13: Break-even graph
[Source: © International Baccalaureate Organization 2018]
Which of the following points represents the break-even point on the graph?
A. A
B. B
C. C
D. D
- 20N.1.HL.TZ0.33: A manufacturer can sell their products in bulk to a retailer for a reduced price. What is the...
- 18N.1.HL.TZ0.32: Which of the following would be included in a company’s fixed costs? I. Machinery II....
- 19M.1.HL.TZ0.35: Which of the following is true of break-even? A. It is based on qualitative analysis B. It...
- 19M.1.HL.TZ0.33: Which of the following is a pricing strategy where a company will add a percentage to the...
