Post Utme Igbinedion University 2022 Commerce Question 17

Practice objective / multiple choice question 17 from the 2022 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2022 Commerce Objective / Multiple Choice
Question 17 POST_UTME_IGBINEDION_UNIVERSITY • 2022 • COMMERCE • objective

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

Answer Options

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

About This Question

This is Post Utme Igbinedion University 2022 Commerce Question 17. It is one of the objective questions from the 2022 Post Utme Igbinedion University Commerce examination.

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