The breakeven point on a breakeven diagram is:
A)the point where the fixed cost line and the revenue line intersect.
B)the point where the total cost line and the revenue line intersect.
C)the point where the total cost line intersects the horizontal axis.
D)the point where the total cost line intersects the vertical axis.

Question

Quizplus · Accepted Answer

The breakeven point is where the total cost line (which includes both fixed and variable costs) intersects with the revenue line, indicating the point at which a business neither makes a profit nor incurs a loss.

The Breakeven Point on a Breakeven Diagram Is