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 is given to determine.

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 is given to determine.
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

Quizplus · Accepted Answer

At the break-even point, the total revenue received by the firm is equal to the total costs incurred. Therefore, the profit is equal to zero.

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