Which of the following statements about a breakeven chart is true?
A)It is used to determine how the customer-perceived value changes with value-added pricing.
B)It is a tool used to calculate fixed costs.
C)It shows the level of earnings a company has during an accounting period.
D)It is a tool marketers use to examine the relationship between supply and demand.
E)It uses variable costs,the unit price and fixed costs.

Question

Quizplus · Accepted Answer

A breakeven chart uses the variables of variable costs, unit price, and fixed costs to determine the point at which a company's revenue equals its total costs. It is a helpful tool in determining pricing strategies and overall profitability of a product or service.

Which of the Following Statements About a Breakeven Chart Is