A business breaks even at the level of output where?
Select ONE answer:
- total profits = total costs
- fixed costs = total revenue
- variable costs = fixed costs
- total revenue = total costs
Show the workings to arrive at your answer, and explain and justify your reasons:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple-choice question is suitable for Business Studies KS4 & KS3 classes
The answer is 4
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