Break-Even Is the Number of Units at Which

question 131

Multiple Choice

Break-even is the number of units at which:

• A) total revenue equals price times quantity.
• B) total revenue equals total variable cost.
• C) total revenue equals total fixed cost.
• D) total profit equals total cost.
• E) total revenue equals total cost.

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Definitions:

Corn

A cereal plant that yields large grains, or kernels, set in rows on a cob; widely cultivated as food crops for humans and as fodder for animals.

Wheat

A cereal grain, originally from the Levant region of the Near East and Ethiopian Highlands, which is a staple food in many parts of the world.

Rice

A staple food cereal grain that is a major dietary component for a large portion of the world's population, especially in Asia.

Mesolithic Cultures

Societies that existed in the Middle Stone Age, characterized by the use of small stone tools and a hunter-gatherer lifestyle.