Post Utme Bowen University 2019 Commerce Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2019 Commerce Objective / Multiple Choice
Question 13 POST_UTME_BOWEN_UNIVERSITY • 2019 • COMMERCE • objective

A firm's break-even point is the point at which its total revenue equals its total fixed costs. If a firm's total fixed costs are ₦200,000 and its selling price is ₦500, what is its break-even point?

Answer Options

A. ₦100,000
Correct Answer B. ₦200,000
C. ₦500,000
D. ₦1,000,000
Correct Answer
B
Correct Option:
₦200,000

About This Question

This is Post Utme Bowen University 2019 Commerce Question 13. It is one of the objective questions from the 2019 Post Utme Bowen University Commerce examination.

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