Jared Is Developing a Business Plan for a New Type

question 169

Multiple Choice

Jared is developing a business plan for a new type of bicycle helmet. He is interested in finding the point at which the costs of producing the helmet will equal the revenue earned from selling the product. Jared is interested in finding the

• A) elasticity of demand.
• B) breakeven point.
• C) variable costs.
• D) price elasticity.
• E) the sum of fixed costs.