Look at the given profit graph. Which one of the following sets of labels correctly labels items A, B, and C in the profit graph?

a. A: Area of loss; B: Break-even point; C: Area of profit
b. A: Area of loss; B: Area of profit; C: Break-even point
c. A: Break-even point; B: Area of loss; C: Area of profit
d. A: Area of profit; B: Break-even point; C: Area of loss
e. A: Area of profit; B: Area of loss; C: Break-evenpoint

Transcribed Image Text:

S80,000 $60,000 $40,000 $20,000 B. A 100 200 300 400 500 600700 800 900 1,000 1,100 -$20,000 -540,000 -S60,000 --$80,000 Number sold 1yold