The point at which total revenues equal total costs and profits begin is called the __________.
A) profit margin
B) breakeven point
C) maximum cost point
D) marginal revenue point

Question

Quizplus · Accepted Answer

The breakeven point is the point at which total revenues equal total costs and profits begin. It is the point where a business has neither made a profit nor a loss. The other options listed do not accurately describe this concept.

The Point at Which Total Revenues Equal Total Costs and Profits