Question: Question 2 1 Consider fixed and variable costs to operate a business. Suppose a firm cannot make a profit regardless of output volume. Then, what

Question 21
Consider fixed and variable costs to operate a business. Suppose a firm cannot make a
profit regardless of output volume. Then, what formula below would accurately describe
what is happening? (BEP = Break Even Point. FC = Fixed Costs. VC = Variable Costs. R
= Revenue)
VC>R.
FC > VC.
BEP>VC.
VC > FC.
Question 21 Consider fixed and variable costs to operate a business.

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