At the break-even point, a firm's profits are
A) greater than zero.
B) less than zero.
C) equal to zero.
D) Not enough information to tell

Name: At the break-even point, a firm's profits are A) greater than zero. B) less than zero. C) equal to zero. D) Not enough information to tell
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Question

Quizplus · Accepted Answer

At the break-even point, a firm's total revenue equals its total costs. Therefore, the profit is zero, and the firm is not making a profit nor a loss.

At the Break-Even Point, a Firm's Profits Are