The _____ price identifies the average revenue needed to cover costs,given a particular sales level.
A) Maximizing
B) Optimal
C) Target
D) Break-even
E) Market-clearing

Question

Quizplus · Accepted Answer

The concept described in the question is that of the break-even price, which refers to the price at which a company is able to cover its fixed and variable costs, and start generating profits. Therefore, the correct answer is D, which corresponds to "break-even". The other options (A, B, C, and E) are not directly related to the concept of break-even price.

The _____ Price Identifies the Average Revenue Needed to Cover