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Consider the following graph. 1. What does line A represent? 2. What does line B represent? 3. What does area C represent? 4. What amount

Consider the following graph.

image text in transcribed

1. What does line A represent?

2. What does line B represent?

3. What does area C represent?

4. What amount is $30,000?

A. Loss (Not profitable) B. Total Revenue C. Variable Costs D. Profitable Area E. Break-Even Point F. Total Costs G. None of these H. Fixed Costs

$150,000 120,000 90,000 60,000 30,000

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