Question
Economics Question on Business and Economy
The break even point is the point at which:
A. There is no profit or loss
B. Contribution is equal to fixed cost
C. Contribution is nil
D. Variable cost is equal to contribution
E. Total cost is equal to total sales
Choose the correct answer from the options given below:
A
A, B and C Only
B
A, B and E Only
C
A, B and D Only
D
A, C and D Only
Answer
A, B and E Only
Explanation
Solution
The correct option is (B):A, B and E Only