What Is Break-Even Output

question 150

Multiple Choice

What is break-even output?

• A)The output at which the total revenue just covers a firm's total fixed cost.
• B)The output at which the total revenue just covers a firm's total variable cost.
• C)The output at which the total revenue just covers a firm's fixed and variable costs including normal profits.
• D)The output at which the firm is making zero normal profits.

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Definitions:

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