Post Utme Ims U 2017 Commerce Question 21

Practice objective / multiple choice question 21 from the 2017 Post Utme Ims U Commerce examination.

Post Utme Ims U 2017 Commerce Objective / Multiple Choice
Question 21 POST_UTME_IMS_U • 2017 • COMMERCE • objective

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

Answer Options

Correct Answer A. TR = TFC + TVC
B. TR = TFC - TVC
C. TR = TVC - TFC
D. TR = TFC + TVC + Profit
Correct Answer
A
Correct Option:
TR = TFC + TVC

About This Question

This is Post Utme Ims U 2017 Commerce Question 21. It is one of the objective questions from the 2017 Post Utme Ims U Commerce examination.

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