Post Utme Redeemers University 2017 Commerce Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2017 Commerce Objective / Multiple Choice
Question 22 POST_UTME_REDEEMERS_UNIVERSITY • 2017 • COMMERCE • objective

A firm's break-even point is the point at which its total revenue equals its total fixed costs. Which of the following is a correct formula for calculating the break-even point?

Answer Options

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

About This Question

This is Post Utme Redeemers University 2017 Commerce Question 22. It is one of the objective questions from the 2017 Post Utme Redeemers University Commerce examination.

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