The quantity at which total revenue and total cost are equal is referred to as
A)break-even point.
B)point of maximum profit.
C)coverage amount.
D)incremental return quantity.
E)shadow price quantity.

Question

Quizplus · Accepted Answer

The break-even point is the quantity at which total revenue equals total cost, indicating that the business has neither made a profit nor incurred a loss.

The Quantity at Which Total Revenue and Total Cost Are