The point at which revenues just equal costs is called the __________.
A) profit margin
B) breakeven point
C) maximum cost point
D) marginal revenue point

Question

Quizplus · Accepted Answer

The breakeven point is the point at which revenues just equal costs, meaning there is no profit or loss. Profit margin is the amount of profit made on a product or service after all costs have been taken into account. Maximum cost point and marginal revenue point are not related to the point at which revenues just equal costs.

The Point at Which Revenues Just Equal Costs Is Called