The Breakeven Point Is the Activity Level Where ________

question 175

Multiple Choice

The breakeven point is the activity level where ________.

• A) revenues equal fixed costs
• B) revenues equal variable costs
• C) contribution margin equals total costs
• D) revenues equal the sum of variable and fixed costs

---

Definitions:

Productivity

The measure of efficiency of production, often expressed as the ratio of outputs to inputs in a production process.

Annual Output

The total production or output produced by a company or economy in a one-year period.

Trade

The exchange of goods and services between individuals or entities, often in return for money.

Beneficial

Resulting in a good outcome or advantage.