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

question 75

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.

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