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Business

11th -

12thgrade

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Breakeven Quiz

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10 questions

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  • 1. Multiple Choice
    1 minute
    1 pt
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    The difference between the actual output and the breakeven level is known as the:

    Buffer zone

    Minimum cost line

    Current ratio

    Margin of safety

  • 2. Multiple Choice
    1 minute
    1 pt
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    At any level of output below the breakeven point, a business will:

    Make a profit

    Make a loss

    Increase selling price

    Incur fixed costs

  • 3. Multiple Choice
    1 minute
    1 pt
    Image

    Which of these formulae defines the point at which breakeven occurs?

    None of these

    Total Revenue = Total Costs

    Total Profit = Total Costs

    Total Revenue = Total Price

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