Managers of Businesses Are Primarily Interested in the Break-Even Point

Multiple Choice

Managers of businesses are primarily interested in the break-even point because it provides

A) the level of operations that managers would like to achieve over the long run.
B) a reference point which the firm must achieve before profits can be earned.
C) the level of operations beyond which an increase in fixed costs will be expected.
D) the low end of the relevant range of activity.
E) both c and d.