Post Utme Osustech 2017 Commerce Question 12

Practice objective / multiple choice question 12 from the 2017 Post Utme Osustech Commerce examination.

Post Utme Osustech 2017 Commerce Objective / Multiple Choice
Question 12 POST_UTME_OSUSTECH • 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 formula for calculating the break-even point?

Answer Options

Correct Answer A. BEQ = (FC + VC) / P
B. BEQ = (FC + VC) / P - VC
C. BEQ = (FC + VC) / P + VC
D. BEQ = (FC + VC) / P - FC
Correct Answer
A
Correct Option:
BEQ = (FC + VC) / P

About This Question

This is Post Utme Osustech 2017 Commerce Question 12. It is one of the objective questions from the 2017 Post Utme Osustech Commerce examination.

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