The quantity at which total revenue and total cost are equal is referred to as (the)
A)tipping point.
B)profitability point.
C)incremental return on investment.
D)break-even point.
E)sustainability.

Question

Quizplus · Accepted Answer

The break-even point is the point at which total revenue and total cost are equal, meaning that the company is not making a profit or loss. It is important for businesses to know their break-even point in order to make informed decisions about pricing, production, and sales strategies. The other answer choices (A, B, C, and E) are not directly related to the concept of break-even point.

The Quantity at Which Total Revenue and Total Cost Are