A break-even point is:
A)the point at which total revenue and average revenue converge.
B)the point at which total revenue and total cost are equal and beyond which profit occurs.
C)the point of greatest difference between marginal revenue and marginal cost.
D)the point at which marginal revenue equals marginal cost.

Question

Quizplus · Accepted Answer

The break-even point is where total revenue equals total cost, meaning no profit or loss is made at this point. Beyond this point, the company starts making a profit.

A Break-Even Point Is