The point where the total revenue line intersects the total cost line is called the:
A)origin
B)breakeven point
C)X axis intercept
D)Y axis intercept

Question

Quizplus · Accepted Answer

The point where the total revenue line intersects the total cost line is the breakeven point, which is the point at which the company is neither making a profit nor a loss. Therefore, option B is the best choice. Option A is incorrect because the origin is the point where both the revenue and cost lines intersect the axes. Option C and D are incorrect as they do not describe the specific point of interest which is the breakeven point.

The Point Where the Total Revenue Line Intersects the Total