Which of the following is the point at which the cost of making a product equals the revenues gained from selling the product?
A) equilibrium point
B) fulcrum point
C) breakeven point
D) equity point

Question

Quizplus · Accepted Answer

The point at which the cost of making a product equals the revenues gained from selling the product is known as the breakeven point. This point is important for businesses to determine in order to know when they have covered their costs and are starting to make a profit.

Which of the Following Is the Point at Which the Cost