Post Utme Abu 2023 Commerce Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Abu Commerce examination.

Post Utme Abu 2023 Commerce Objective / Multiple Choice
Question 24 POST_UTME_ABU • 2023 • COMMERCE • objective

A firm's break-even point is the point at which its total revenue equals its total cost. What is the formula for calculating the break-even point?

Answer Options

Correct Answer A. \frac{FC}{P - V}
B. \frac{P - V}{FC}
C. \frac{FC}{P + V}
D. \frac{P + V}{FC}
Correct Answer
A
Correct Option:
\frac{FC}{P - V}

About This Question

This is Post Utme Abu 2023 Commerce Question 24. It is one of the objective questions from the 2023 Post Utme Abu Commerce examination.

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