For Any Product, What Is the Break-Even Quantity

question 9

Multiple Choice

For any product, what is the break-even quantity?

• A) the number sold such that variable costs equal revenues
• B) the total number produced to equal the total resources available to the producer
• C) the number of products needed to be sold for total revenue to equal total costs
• D) the dollar volume of total sales

---

Definitions:

Tax Rate

The percentage at which an individual or corporation is taxed.

Valuation Rate

A rate used to determine the current or projected worth of an asset or a company.

Market Value

The current price at which an asset or service can be bought or sold in the marketplace.

Assessed Valuation

The valuation placed on property by a public tax assessor for purposes of taxation.