The intersection point of the total cost and revenue lines represent in breakeven analysis shows Maximum profit Breakeven point Fixed cost  Variable cost

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The intersection point of the total cost and revenue lines represent in breakeven analysis shows Maximum profit Breakeven point Fixed cost  Variable cost
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Solution 1

The intersection point of the total cost and revenue lines in breakeven analysis represents the Breakeven point.

Here's why:

  1. The total cost line represents all the costs associated with producing a certain number of units, including both fixed and variable costs.

  2. The total revenue line rep Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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Similar Questions

The intersection point of the total cost and revenue lines represent in breakeven analysis shows Maximum profit Breakeven point Fixed cost  Variable cost

The breakeven point is the point at which:a.Costs exceed revenuesb.Revenues exceed costsc.Profits reach their maximum leveld.No profit or loss is incurred

Sales Rs. 50,000; Variable cost Rs. 30,000; Net profit Rs. 6,000; fixed cost is .a.Rs. 12,000.b.Rs. 10,000.c.b. Rs. l4,000 .d.Rs. 8,000.

Sales Rs. 50,000; Variable cost Rs. 30,000; Net profit Rs. 6,000; fixed cost is .a.b. Rs. l4,000 .b.Rs. 10,000.c.Rs. 12,000.d.Rs. 8,000.

When it produces 100 units, a firm’s total variable cost is $300 and its total fixed cost is $2700. What is the average cost?1 point$3$24$27$30

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