It is important that a firm calculates _____________, where it neither makes a profit nor a loss but recovers its total costs.
A) its average costs
B) its break-even point
C) its transaction costs
D) its shipping costs
E) its incremental costs

Question

Quizplus · Accepted Answer

The term "break-even point" refers to the point at which total revenue covers total costs, resulting in neither profit nor loss. Therefore, option B is the correct answer. Options A, C, D, and E are not directly related to calculating the break-even point.

It Is Important That a Firm Calculates _____________, Where It