When AR passes through some point between minimum AVC and AC, it is called:

by
Question:

When AR passes through some point between minimum AVC and AC, it is called:

A.

Supernormal profit

B.

Loss

C.

Breakeven point

D.

Minimising losses

Answer» d. Minimising losses

Note: The above multiple-choice question is for all general and Competitive Exams in India.