MCQ
When a firm is able to cover its variable costs only, it will be at:
  • A
    break-even point
  • B
    equilibrium point
  • shut-down point
  • D
    none of these

Answer

Correct option: C.
shut-down point
(c)

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free