The quantity at which total revenue and total cost are equal is referred to as
A)tipping point.
B)profitability point.
C)incremental return on investment.
D)break-even point.
E)sustainability.

Question

Quizplus · Accepted Answer

The break-even point is the quantity at which total revenue and total cost are equal. This is an important point for businesses as it indicates how much they need to sell in order to cover their costs and start making a profit.

The Quantity at Which Total Revenue and Total Cost Are