Question
An accounting break-even point of 1,000 units means that Blank______.
Multiple choice question.
when the firm generates total revenue of $1,000, profits will be equal to zero
when the firm sells 1,000 units, profits will be equal to zero
the maximum capacity of the plant is 1,000 units
the total fixed costs are equal to $1,000
Multiple choice question.
when the firm generates total revenue of $1,000, profits will be equal to zero
when the firm sells 1,000 units, profits will be equal to zero
the maximum capacity of the plant is 1,000 units
the total fixed costs are equal to $1,000
Answers
GPT-4o mini
The correct answer is:
**when the firm sells 1,000 units, profits will be equal to zero**.
**when the firm sells 1,000 units, profits will be equal to zero**.