The output at which total revenue equals total cost is known as?

a

profit-maximizing output

b

break even level output

c

loss-minizing output

d

least-cost output

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Articulture1234
2 years ago

The break-even point (BEP) in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal, i.e. "even".

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