QUESTION 14 At the break-even point, O A. total cost equals total revenue O B. output equals capacity O C. total cost equals profit O D. variable cost equals total revenue O E. variable cost equals fixed cost
QUESTION 14 At the break-even point, O A. total cost equals total revenue O B. output equals capacity O C. total cost equals profit O D. variable cost equals total revenue O E. variable cost equals fixed cost
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:QUESTION 14
At the break-even point,
O A. total cost equals total revenue
O B. output equals capacity
O C. total cost equals profit
O D. variable cost equals total revenue
O E. variable cost equals fixed cost
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