The quantity that equates the cost of making a product to the cost of buying the product is generally called what?
A) Neutrality point
B) Point of equality
C) Indifference point
D) Point of optimality
E) No such point can exist.

Question

Quizplus · Accepted Answer

The quantity that equates the cost of making a product to the cost of buying the product is generally called the indifference point. This is because at this point, the business is indifferent between making or buying the product as the cost is the same. The other answer choices are incorrect as they do not accurately describe this concept.

The Quantity That Equates the Cost of Making a Product