At the break-even point,
A) total revenue equals total cost.
B) profit is maximized.
C) revenue is maximized.
D) costs are minimized.

Question

Quizplus · Accepted Answer

The break-even point is the point where total revenue equals total cost, meaning that there is no profit or loss. Therefore, option A, total revenue equals total cost, is the correct choice. Options B, C, and D are incorrect because they involve maximizing profit or revenue or minimizing costs, which does not happen at the break-even point.

At the Break-Even Point