On a CVP Graph, There Is a Point Where the Two

question 66

Multiple Choice

On a CVP graph, there is a point where the two diagonal lines intersect. Which of the following statements accurately describes that point?

• A) It is the point where total revenues equal total variable costs.
• B) It is the point where fixed costs equal variable costs.
• C) It is the point where total revenues equal fixed costs.
• D) It is the point where total costs equal total revenues.