At the Break-Even Point

question 130

Multiple Choice

At the break-even point,

• A) total revenue equals variable cost.
• B) total fixed cost equals variable cost.
• C) total contribution margin equals total fixed cost.
• D) total sales equals total fixed cost.
• E) total margin of safety equals variable cost.

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Definitions:

Nature

The phenomena of the physical world collectively, including plants, animals, the landscape, and other features and products of the earth, as opposed to humans or human creations.

Maturational Processes

Biological or physiological developments that follow a predetermined sequence over an individual's life.

Heredity

The passing of genetic traits from parents to offspring through the genes.

Continuous And Discontinuous

Concepts in developmental psychology representing two different views of how change occurs; continuous implying gradual, cumulative change, and discontinuous suggesting distinct stages of development.