The point at which the number of units sold generates enough revenue to equal the total costs of running an operation is known as the
A)JIT inventory.
B)fixed cost margin.
C)break-even point.
D)unit cost.
E)economy of scale.

Question

Quizplus · Accepted Answer

The break-even point is the point where total revenue equals total cost, meaning there is no profit or loss. This is important for businesses to know in order to make decisions about pricing and production levels.

The Point at Which the Number of Units Sold Generates