Where a business's revenues exactly equal costs

A) Relevant range
B) Break-even point
C) Contribution margin
D) Fixed costs
E) Variable costs

Relevant Range

The range of activity within which the assumptions about fixed and variable cost behaviors hold true.

Break-Even Point

The point at which total cost and total revenue are equal, meaning no net loss or gain, and one has "broken even."

Contribution Margin

The difference between sales revenue and variable costs, measuring the ability of a business to cover its fixed costs.