The breakeven point is the point at which:
A) revenue from sales equals the variable cost of the product.
B) the supply curve intersects the demand curve.
C) total revenue from sales equals total cost.
D) marginal cost runs above the marginal revenue curve.

Question

Quizplus · Accepted Answer

The breakeven point is the point at which total revenue from sales equals total cost, meaning the business is not making a profit but also not incurring a loss.

The Breakeven Point Is the Point at Which