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On a CVP Graph, There Is a Point Where the Two

Question 66

Multiple Choice

On a CVP graph, there is a point where the two diagonal lines intersect. Which of the following statements accurately describes that point? On a CVP graph, there is a point where the two diagonal lines intersect. Which of the following statements accurately describes that point?   A)  It is the point where total revenues equal total variable costs. B)  It is the point where fixed costs equal variable costs. C)  It is the point where total revenues equal fixed costs. D)  It is the point where total costs equal total revenues.


A) It is the point where total revenues equal total variable costs.
B) It is the point where fixed costs equal variable costs.
C) It is the point where total revenues equal fixed costs.
D) It is the point where total costs equal total revenues.

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