A company is operating most efficiently when it is at

Question

Quizplus · Accepted Answer

The break-even point is the point at which a company's total revenue equals its total costs. At this point, the company is not making a profit or a loss. The shutdown point is the point at which a company's total revenue is less than its total costs. At this point, the company is losing money and should shut down. A company is operating most efficiently when it is at the break-even point because it is not losing money and it is not making a profit.

A Company Is Operating Most Efficiently When It Is at