Breakeven quantity is defined as the volume of output at which revenues are equal to:
A) Marginal costs.
B) Total costs.
C) Variable costs.
D) Fixed costs.

Name: Breakeven quantity is defined as the volume of output at which revenues are equal to: A) Marginal costs. B) Total costs. C) Variable costs. D) Fixed costs.
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Question

Quizplus · Accepted Answer

Breakeven quantity can be defined as the point where operating income is equal to zero. Therefore, revenue must equal total costs.

Breakeven Quantity Is Defined as the Volume of Output at Which