For any product, the breakeven quantity is the
A) number sold over fifty units.
B) number sold such that costs equal revenues.
C) total number produced to equal the total resources available to the producer.
D) number of products needed to be sold in order to make a reasonable profit.
E) euro volume of total sales.

Question

Quizplus · Accepted Answer

The breakeven quantity is the point at which the total revenue from sales is equal to the total cost of producing and selling the product. This means that the company is not making a profit but is also not incurring any losses. Therefore, the best choice is B, which states that the breakeven quantity is the number sold such that costs equal revenues.

For Any Product, the Breakeven Quantity Is the