The Point at Which the Number of Units Sold Generates

question 98

Multiple Choice

The point at which the number of units sold generates enough revenue to equal the total costs of running an operation is known as the

• A) contribution per unit.
• B) fixed cost margin.
• C) break-even point.
• D) unit cost.
• E) marginal revenue.

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Definitions:

Divergent Thinking

A thought process or method used to generate creative ideas by exploring many possible solutions.

Convergent Thinking

A cognitive process that focuses on finding a single, well-defined solution to a problem.

Engineered Thinking

The application of systematic, logical approaches to problem-solving, often used in technical and engineering fields.

Volumetric Thinking

The ability to understand and manipulate three-dimensional space in the mind.