Home
Class 14
GENERAL KNOWLEDGE
The 'break-even' point is where...

The 'break-even' point is where

A

marginal revenue equals marginal cost

B

average revenue equals average cost

C

total revenue equals total cost

D

None of the above

Text Solution

Verified by Experts

The correct Answer is:
C
total revenue equals total cost
Promotional Banner

Similar Questions

Explore conceptually related problems

The break-even point for an economy occurs at the income level of ₹ 500 crores If marginal propensity to consume is 0.6, determine: (i) Autonomous consumption, (ii) Saving function, (iii) Level of income when saving is ₹ 600 crores.

Output at break-even point is that output at which the producer is able to: