The point at which total cost equals total revenue and the business is neither making nor losing money is known as ______.

A) the profit area
B) the loss area
C) the breakeven point
D) the profit point

Breakeven Point

The point at which total costs and total revenue are equal, resulting in no net loss or gain for the business.

Total Cost

The complete cost of production or operation, including both fixed and variable costs.

Total Revenue

The total amount of income generated by the sale of goods or services related to a company's primary operations.