☰

GkSeries.com

Banking System and Capital Market Questions and Answers for Competitive Exams

Home
General Knowledge
the-situation-in-which-total-revenue-is-equal-to-total-cost-is-known-as

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

Answer & Explanation
Answer: Option [C]

⭐ Make GKSeries Your Preferred Source on Google

Add GKSeries as Preferred Source

Read More Economics Solved Questions

Click Here to Read more questions