Indian Fiscal System Questions and Answers for Competitive Exams

Home/
General Knowledge/
the-situation-in-which-total-revenues-equals-total-cost-is-known-as

By Gkseries see more questions

Q.

The situation in which total Revenues equals total cost, is known as:

[A] Monopolistic competition

[B] Equilibrium level of output

[C] Break-even point

[D] Perfect competition

Answer & Explanation
Answer: Option [C]

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Read More Economics Solved Questions

Click Here to Read more questions