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GK
ENGLISH
CURRENT AFFAIRS
APTITUDE
BANKING
UGC NET
REASONING
COMPUTER SC.
COURSES
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Banking System and Capital Market Questions and Answers for Competitive Exams
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Question
The situation in which total revenue is equal to total cost, is known as
A
Monopolistic competition
B
Equilibrium level of output
C
Break-even point
D
Perfect competition
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Answer & Explanation
Answer: Option [C]
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