Which of the following are true for the given graph.
(A) Break even point is at x = 10
(B) Break even point is at x = 8
(C) Break even point is at x = 6
(D) Fixed cost is 20
(E) Fixed cost is 0
Choose the correct answer from the options :
Which of the following are true for the given graph.
(A) Break even point is at x = 10
(B) Break even point is at x = 8
(C) Break even point is at x = 6
(D) Fixed cost is 20
(E) Fixed cost is 0
Choose the correct answer from the options :
Solution
✅ Correct Option: 3
From the graph, the break-even point is identified where revenue equals cost, and fixed cost is the y-intercept of the cost line. Per the answer key, the break-even point is at and fixed cost is 20, so options (C) and (D) are correct.
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