A Graphic Presentation of the Break-Even Analysis That Shows When

question 37

Multiple Choice

A graphic presentation of the break-even analysis that shows when total revenue and total cost intersect to identify profit or loss for a given quantity sold is referred to as a(n) __________.

• A)Gantt chart
• B)demand curve
• C)ROI analysis
• D)cross-tabulation
• E)break-even chart

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Definitions:

Average Costs

The total cost of production divided by the number of goods produced, used to calculate the cost on a per-unit basis.

Diseconomies of Scale

A condition in which a company or business grows so large that the costs per unit increase.

Marginal Cost Curve

A graph that shows the change in the total cost of producing one additional unit of a product or service.

Average Total Cost

the total cost of production divided by the number of units produced, reflecting the average cost per unit of output.