Q.

At "Break-even point",

A. the industry is in equilibrium in the long run.
B. the producers suffers the minimum losses
C. the seller earns maximum profit
D. the firm is at zero-profit point
Answer» D. the firm is at zero-profit point
Explanation: The break-even point (BEP) is the point at which cost or expenses and revenue areequal: there is no net loss or gain, and one has "broken even." For businesses, reaching the break-even point is the first major step towards profitability.
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