The breakeven point can be defined as:
A) the point at which revenue equal variable costs.
B) the point at which revenue equal fixed costs.
C) the level of operations at which the firm earns a profit.
D) the point at which revenue equals total fixed and variable costs.

Question

Quizplus · Accepted Answer

The breakeven point is the level of production or sales at which total revenues equal total costs, both fixed and variable, resulting in neither profit nor loss.

The Breakeven Point Can Be Defined As