On the Grand Canyon Railway's CVP graph, the total cost line intersects the total revenue line at which of the following points?

a. the level of the fixed costs

b. the level of the variable costs

c. the breakeven point

d. the origin Grand Canyon Railway operates a turn-of-the-century train that transports passengers from Williams, Arizona, to the Grand Canyon and back every day. Assume that the train tickets sell for $60 per passenger, the railway’s variable costs are $10 per passenger, and its fixed expenses are $50,000 each month.