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| Q.41 | Break even point refers to: | |
| Ans | 1. the condition at which total cost exceeds the total revenue. | |
| 2. the condition at which variable revenue exceeds the total cost. | ||
| 3. the condition at which total cost equals to the total revenue. | ||
| 4. the condition at which total revenue exceeds the total cost. |
Correct Ans Provided: 3
