Post Utme Uniosun 2019 Commerce Question 17

Practice objective / multiple choice question 17 from the 2019 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2019 Commerce Objective / Multiple Choice
Question 17 POST_UTME_UNIOSUN • 2019 • 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 the break-even point?

Answer Options

A. The break-even point occurs when the firm's total revenue exceeds its total fixed costs
Correct Answer B. The break-even point occurs when the firm's total revenue equals its total fixed costs
C. The break-even point occurs when the firm's total revenue is less than its total fixed costs
D. The break-even point occurs when the firm's total revenue is equal to its total variable costs
Correct Answer
B
Correct Option:
The break-even point occurs when the firm's total revenue equals its total fixed costs

About This Question

This is Post Utme Uniosun 2019 Commerce Question 17. It is one of the objective questions from the 2019 Post Utme Uniosun Commerce examination.

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