Post Utme Rhema University 2019 Commerce Question 2

Practice objective / multiple choice question 2 from the 2019 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2019 Commerce Objective / Multiple Choice
Question 2 POST_UTME_RHEMA_UNIVERSITY • 2019 • COMMERCE • objective

A company'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. TR = TFC + TVC
B. TR = TFC + AVC
Correct Answer C. TR = TFC + AFC
D. TR = TVC + AFC
Correct Answer
C
Correct Option:
TR = TFC + AFC

About This Question

This is Post Utme Rhema University 2019 Commerce Question 2. It is one of the objective questions from the 2019 Post Utme Rhema University Commerce examination.

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