The point at which the total cost line intersects with the total revenue line is the breakeven point.

Name: The point at which the total cost line intersects with the total revenue line is the breakeven point.
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Quizplus · Accepted Answer

This is true. The point where the total cost line and total revenue line intersect is where the company is not making a profit nor suffering a loss. It is called the breakeven point because the revenue earned exactly covers the total cost incurred.

The Point at Which the Total Cost Line Intersects with the Total