Question 7 Not yet answered Morted out of 1 Flog question Ist statement. Ratio is a quantitative relationship between two quantities 2nd statement: Ratio can be expressed as a fraction. Which of these statements is/are true? O a statement 2 Ob. Neither I nor 2 OC. Both hland 2 Od Statement1 Question 8 Not yet ontwered Morked out of 1 Flog question The fixed costs for producing 250 units of a product ore RO 4,000 and the variable costs are RO 2.5 per unit What is the total cost of producing 250 units? OG 1600 Ob 4,625 OG. None of these Od. 625 Question 9 Not yet answered Morked out of 1 Flag question Statement t: Variable Cost tends to change in direct proportion to the volume of output statement 2 Fixed Cost tends to remain constant even if the volume of output changes a statement is FALSE and Statement 2 is TRUE ob. Both Statement and statement 2 ore TRUE Oc Both Statement 1 and Statement 2 ore FALSE od Statement is TRUE and Statement 2 is FALSE Question 10 Not yet ontwered Morted out of Fog gestion A financial magsunn frases Lead or in un to achieve a stated upon