At the break-even point,a firm's profits are:
A) greater than zero.
B) less than zero.
C) equal to zero.
D) not enough information to tell.

Name: At the break-even point,a firm's profits are: A) greater than zero. B) less than zero. C) equal to zero. D) not enough information to tell.
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Question

Quizplus · Accepted Answer

At the break-even point, the total revenue is equal to the total cost. Therefore, the profit is zero. The firm is not making a profit, nor is it incurring losses.

At the Break-Even Point,a Firm's Profits Are