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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What does the X-axis represent in a break-even chart?
💡 Hint: Think about what changes with the amount of product sold.
Question 2
Easy
What does the intersection of total cost and total revenue lines signify?
💡 Hint: What does it mean for profit or loss?
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What does the break-even chart illustrate?
- Relationship between cost and profit
- Relationship between cost and quality
- Relationship between units sold and price
💡 Hint: Look for the relationship that involves profit.
Question 2
True or False: The total cost line always starts from zero.
- True
- False
💡 Hint: Consider where fixed costs begin.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Your company currently sells 1,000 units at ₹400 each, with fixed costs of ₹80,000 and variable costs of ₹250 per unit. If you decrease the selling price to ₹350, what will be the new break-even point?
💡 Hint: Recalculate the break-even point using the new price.
Challenge and get performance evaluation