Refer to the following break-even chart to answer the question(s)below:

-Line T is the ________ line, while line S is the ________ line.
A)total revenue; total expense
B)total expense; total revenue
C)fixed cost; variable cost
D)variable cost; fixed cost

Question

Refer to the following break-even chart to answer the question(s)below:
 
-Line T is the ________ line, while line S is the ________ line.
A)total revenue; total expense 
B)total expense; total revenue 
C)fixed cost; variable cost 
D)variable cost; fixed cost

Quizplus · Accepted Answer

Line T represents total revenue, while line S represents total expenses. The break-even point is where these two lines intersect, indicating the point at which total revenue equals total expenses. Therefore, Option B (total expense; total revenue) is the correct answer.

Refer to the Following Break-Even Chart to Answer the Question(s)below