Question

Break-even is the number of units at which: total revenue equals price times quantity. total revenue equals total variable cost. total revenue equals total fixed cost. total profit equals total cost. total revenue equals total cost.

Answer 1

Total revenue equals total cost

Answer 2

Answer: total revenue equals total cost.

Explanation: The break even point in economics, business and especially cost accounting is that point at which the total cost and the total revenue becomes equal, e.g “the same". This means there is no net loss or gain experienced, which implies one has "broken even". This is usually after opportunity cost has been paid