Post Utme Covenant University 2019 Commerce Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2019 Commerce Objective / Multiple Choice
Question 25 POST_UTME_COVENANT_UNIVERSITY • 2019 • COMMERCE • objective

A firm's break-even point is the point at which its total revenue equals its total cost. If a firm has a fixed cost of 1000 and a variable cost of 5 per unit, and it produces x units, its break-even point is

Answer Options

A. x = 100
Correct Answer B. x = 200
C. x = 300
D. x = 400
Correct Answer
B
Correct Option:
x = 200

About This Question

This is Post Utme Covenant University 2019 Commerce Question 25. It is one of the objective questions from the 2019 Post Utme Covenant University Commerce examination.

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