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Author Question: Which of the following is NOT a description of the breakeven point? a. Point where total revenue ... (Read 52 times)

APUS57

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on: Jul 21, 2018
Which of the following is NOT a description of the breakeven point?
 
 

a. Point where total revenue is equal to total costs
  b. Point where there is neither a profit nor a loss
  c. Point beyond which profits will be generated
  d. Point describing the optimal mix of products
  e. Point below which losses will be incurred



Question 2

The total-cost line in breakeven analysis begins at
 
 

a. zero.
  b. the minimum level of fixed costs.
  c. the minimum level of variable costs.
  d. the breakeven point.
  e. None of these.



raili21

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Reply #1 on: Jul 21, 2018
Answer to Question 1

D

Answer to Question 2

B


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