Professional Courses
Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.
Categories
Interactive Games
Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
Typing
Memory
Math
English Adventures
Knowledge
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
Define direct costs with an example.
💡 Hint: Think of costs that are traceable to one specific product.
Question 2
Easy
What are fixed costs? Give one example.
💡 Hint: Consider costs that you must pay every month.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What type of costs can be directly attributed to a product?
- Fixed Costs
- Direct Costs
- Indirect Costs
💡 Hint: Think about what costs you can trace back directly to a product.
Question 2
True or False: Sunk costs can influence future business decisions.
- True
- False
💡 Hint: Consider what sunk costs represent in terms of recovery.
Solve 3 more questions and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
A furniture company spends ₹10,000 on wood to make 100 chairs and rents a factory for ₹20,000 a month. If production increases to 200 chairs, how do variable and fixed costs influence pricing?
💡 Hint: Consider how total costs contribute to the cost per unit.
Question 2
Discuss a scenario where an entrepreneur must choose between a corporate job with a salary of ₹8 LPA and starting a business that may provide uncertain returns. Analyze the opportunity cost involved.
💡 Hint: Think about the trade-offs between security and potential growth.
Challenge and get performance evaluation