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Commerce · Q744

Economics

Graduate and Post Graduate · Commerce · question 744

Q744

Which of the following statement is correct?

A.
BEP is the point at which the total revenue is equal to the total cost
B.
Contribution margin = sales × p/v ratio
Answer
C.
AT BEP, the firm yields neither profit nor loss
D.
All of the above

Answer: Option B

Solution

Answer: Option B
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