Question

Break-Even Point is the level where ______.

Options

• the revenue generated is equal to all the expenses required for generating the revenue.

• the revenue generated is less than all the expenses required for generating the revenue.

• the revenue generated is more than all the expenses required for generating the revenue.

• Both (a) and (b)

Answer 1

Break-Even Point is the level where the revenue generated is equal to all the expenses required for generating the revenue.

Explanation:

The moment at which total costs and total revenues equal one another, indicating that your small firm is neither losing money nor making money, is known as the break-even point.