The quantity at which total revenue and total cost are equal is referred to as (the)

Name: The quantity at which total revenue and total cost are equal is referred to as (the)
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Question

Quizplus · Accepted Answer

The break-even point is the quantity at which total revenue and total cost are equal. At this point, the company does not make a profit or a loss, and it indicates the minimum amount of sales required to cover all costs. The other choices (A, B, C, and E) do not accurately describe this concept.

The Quantity at Which Total Revenue and Total Cost Are