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After determining the variable cost per unit of her business, Fayza calculated the break - even point for her business. Which of the following fiescriptions
After determining the variable cost per unit of her business, Fayza calculated the breakeven point for her business. Which of the following fiescriptions is false about the breakeven point?
At the breakeven point, Fayza's profit is zero.
After the quantity sold exceeds the breakeven point, total revenue would be greater than the total cost.
At the breakeven point, variable cost equals to total revenue.
Before the quantity sold reaches the breakeven point, Fayza's doesn't have any profit.
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