Which of the following statements about the break-even quantity is FALSE?
A) When sales are equal to the break-even point, profit will be zero.
B) When sales exceed the break-even point, profits will be positive.
C) When sales are below the break-even point, profits will be negative.
D) Once sales exceed the break-even point, profits continue to increase as sales increase.
E) The total revenue and total cost are equal at the point where profits are maximized.
Correct Answer:
Verified
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