Post Utme Rhema University 2017 Commerce Question 30

Practice objective / multiple choice question 30 from the 2017 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2017 Commerce Objective / Multiple Choice
Question 30 POST_UTME_RHEMA_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 characteristic of a firm's break-even point?

Answer Options

Correct Answer A. Total revenue equals total fixed costs
B. Total revenue equals total variable costs
C. Total revenue equals total costs
D. Total revenue is greater than total costs
Correct Answer
A
Correct Option:
Total revenue equals total fixed costs

About This Question

This is Post Utme Rhema University 2017 Commerce Question 30. It is one of the objective questions from the 2017 Post Utme Rhema University Commerce examination.

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