A graphic presentation of the break-even analysis that shows when total revenue and total cost intersect to identify profit or loss for a given quantity sold is referred to as a
A)Gantt chart.
B)demand curve.
C)ROI analysis.
D)cross-tabulation.
E)break-even chart.

Question

Quizplus · Accepted Answer

A break-even chart is specifically designed to visually display the break-even analysis, showing the intersection between total revenue and total cost at the point of neither profit nor loss. This chart allows managers to easily identify the quantity of units they must sell to break even and make informed decisions about pricing and production. A Gantt chart is used for project management scheduling, a demand curve shows the relationship between price and quantity demanded, ROI analysis calculates return on investment, and cross-tabulation is a statistical analysis method used to determine if there is a relationship between two variables.

A Graphic Presentation of the Break-Even Analysis That Shows When