Which of the Following Statements Is True About Break-Even Point

question 261

Multiple Choice

Which of the following statements is true about break-even point (BEP) ?

• A) The firm's total revenue will equal its variable costs.
• B) The firm's total sales will equal its total production.
• C) The firm's total cost will equal its total revenue.
• D) The firm's total profits will equal its total cost.
• E) The firm's total variable costs equal its total fixed cost.

---

Definitions:

Motion Parallax

Motion Parallax is an optical illusion where objects closer to the observer appear to move faster than objects further away when the observer moves their head or body side-to-side.

Perceptual Constancy

The perceptual phenomenon where the perception of objects remains relatively unchanged under different conditions such as changes in illumination, distance, or perspective.

Figure-ground Distinction

Refers to the visual perception ability to separate objects (figure) from their background (ground), allowing focus on specific elements in a field of perception.

Retinal Disparity

The slight difference in images processed by the left and right eyes, which is important for depth perception.