The Figure Shows the Graphs of the Cost and Revenue

question 49

Multiple Choice

The figure shows the graphs of the cost and revenue functions for a company that manufactures and sells binoculars. Use the information in the figure to answer the question.

-At the break-even point both cost and revenue are what?

• A) $750
• B) $2250
• C) $1500
• D) $2700

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Definitions:

Periodic Analysis

The examination or evaluation of data or performance at set intervals over time to identify trends, patterns, or areas needing improvement.

Mass Production

A manufacturing method that produces large volumes of standard products through efficient processes and assembly lines, often utilizing specialized machinery and labor.

Assembly-Line System

A manufacturing process in which parts are added to a product in a sequential manner using optimally planned logistics to create a finished product efficiently.

Uniform Products

Uniform products refer to goods that are standardized and identical, with no variation in quality, design, or features across the items produced.