On a Profit-Volume Graph, the Intersection of the Profit Line

question 35

Multiple Choice

On a profit-volume graph, the intersection of the profit line with the vertical axis provides a

• A)profit of £1,000.
• B)profit equal to zero.
• C)profit equal to fixed costs.
• D)loss equal to fixed costs.

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Definitions:

Cleaning

In a general context, it refers to the action of making something free from dirt, marks, or mess, especially through washing, wiping, or removing impurities.

People-based Services

Services that are directly delivered by individuals to customers, focusing on personal interaction and customization.

Outward Bound

An educational program focusing on adventure-based learning, often involving outdoor activities designed to foster personal growth and social skills.

Nonprofit Organization

An organization whose primary objective is to support an issue or matter of private interest or public concern for non-commercial purposes, and where surplus revenues are reinvested in the organization.