Breakeven point means:

Related MCQs

• Break-even point is a point where price is equal to
• Shut-down point is a point where price is equal to
• In perfect competition the shutdown point is defined by
• When AR passes through some point between minimum AVC and AC, it is called:
• When AR passes through minimum point of AVC, it is called:
• The best, or optimum, level of output for a perfectly competitive firm is given by the point where
• At the shut-down point,
• If P = Rs.10 at the point on the D curve where e = 0.5, MR is
• The best, or optimum, level of output for the pure monopolist occurs at the point where
• The imposition of a maximum price at the point where the monopolist’s SMC curve intersects the D curve causes the monopolist to